3 Long-Term Stocks to Buy on the Dip: May 2024

The U.S. economy is showing remarkable resilience despite previous concerns of a slowdown. Recent data, including the S&P Global composite PMI, revealed encouraging signs of growth, surpassing expectations and hitting a 25-month high in May. Chief economist Chris Williamson highlighted the acceleration of the U.S. economic upturn, suggesting a solid GDP gain for the second quarter. However, lingering challenges exist, such as rising input prices and signaling potential inflationary pressures, which the Fed ...