While inflation is easing, recession concerns are still widespread. Although the market might remain volatile in the near term, I think investing in Fortive Corporation (FTV), Lear Corporation (LEA), and Liberty Energy Inc. (LBRT) could be worth. These fundamentally robust stocks look poised to witness solid growth.
The Federal Reserve has raised interest rates, despite concerns that the move may deepen financial turmoil in the aftermath of the bank failures. The Federal Reserve increased interest rates by 0.25 percentage point, citing the financial system as “sound and resilient.”
Bank of America CEO Brian Moynihan predicts the United States will enter a “very slight” recession later this year.
In addition, the International Monetary Fund (IMF) recently reduced its global growth forecast for this year to 2.8%, a 0.1 percentage point decrease from the previous projection in January.
Let’s discuss why the above-mentioned stocks could be ideal buys despite the market uncertainties…
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