3 Stand-Strong Stocks to Buy as Inflation Concerns Fester

Stocks tumbled on February 13 as hotter-than-expected inflation data ignited a surge in Treasury yields. The Dow fell 1.35%, and the S&P 500 slid 1.37%, while the tech-heavy Nasdaq sank 1.8%.January’s CPI rose 0.3% month over month and 3.1% year over year (YOY) exceeding economist estimates. With inflation remaining stubbornly high, fears mounted that the Fed may not cut rates in 2024 as anticipated.As inflationary pressures linger, prudent investors seek refuge in resilient inflation stocks. This article h ...