3 S&P 500 Stocks to Buy If You Like Winning

Stronger-than-expected economic data, including solid job growth and a robust labor market in January, shows that the economy remains resilient, despite the Fed’s interest rate hikes. After producing one of its worst returns in history last year, the S&P 500 could rebound sharply this year amid an improving economic outlook. Therefore, it might be wise to invest in quality S&P 500 stocks Visa Inc. (V), Johnson & Johnson (JNJ), and Merck & Co., Inc. (MRK).

Despite high borrowing costs, the economy looks resilient so far this year, with strong retail sales and a robust labor market. Continued economic resilience raised investors’ hopes of the economy achieving a soft landing.

David Solomon, the CEO of Goldman Sachs Group Inc. (GS), has expressed optimism about the possibility of the economy escaping a severe recession in 2023. He said…

Continue reading at STOCKNEWS.com


You May Also Like

About the Author: admin