Institutions Think This Consumer Stock Could Break Higher
CME Group(CME) MarketBeat·2024-04-08 13:40
Key PointsThe Fed's pivotal moment is creating a 'risk off' shift for Wall Street, now looking for the highest growth at the safest rate. PriceSmart has become one option for this strategy. It is considered a consumer staples name set to grow its EPS at above-industry-average rates. Goldman Sachs bought it in the past quarter, and price action suggests valuations could bring the stock to a much higher ceiling. 5 stocks we like better than TargetMarkets are preparing for the coming interest rate cycle propos ...