Time to Buy These Highly Ranked Stocks as Markets Selloff
Global Partners LP(GLP) Zacks Investment Research·2024-04-10 23:16
Most of the major stock market indexes dropped over -1% on Wednesday as the Consumer Price Index (CPI) rose 3.5% year over year in March and was up 0.4% from the previous month.Accelerating from February’s 3.2% YoY uptick, another hot inflationary reading is starting to leave doubt that the Fed will implement three rate cuts in 2024 and may instead shift to two cuts later in the year.While this was the catalyst for today’s broader market selloff here are two highly-ranked Zacks stocks that were able to with ...