5 Broker-Favored Stocks to Watch Amid Cooling Inflation

Key Takeaways Cooling inflation and rising consumer spending are lifting confidence in the U.S. economy. Brokers are favoring stocks like BTSG, ALGT, CVI, ALTG and CBRL amid this brightening scenario. A screening strategy using broker ratings, earnings estimate revisions, and valuation picked these stocks.Inflation is showing signs of cooling, while consumer spending is increasing. U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher rents. This was the four ...