The Fed’s ongoing interest rate hikes to curb inflation are a cause of concern for investors as the economy faces the risk of a recession. In this scenario, buying and holding small-cap stocks with solid growth prospects, such as Masonite International Corporation (DOOR) and Arcos Dorados Holdings Inc. (ARCO), could be profitable.
Let’s discuss the reasons why small-cap stocks should be looked at for long-term investment.
Although consumer prices fell for the seventh straight month annually in January, the Personal Consumption Expenditure (PCE) increased 0.6% for the month and 4.7% year-over-year. The PCE data is crucial as the central bank tracks it closely to gauge inflation.
In addition, after the hotter-than-expected jobs report in January, the February jobs report will likely show…
Continue reading at STOCKNEWS.com
