Zacks.com featured highlights include Country Healthcare, CVR Energy, Delek US Holdings, Boise Cascade and Builders...
For Immediate Release
Chicago, IL November 25, 2022 Stocks in this weeks article are Country Healthcare CCRN, CVR Energy CVI, Delek US Holdings DK, Boise Cascade BCC and Builders FirstSource BLDR.
5 Broker Favorite Stocks to Tide Over the Market Tempest
Even though the better-than-expected inflation data for October came as a relief to U.S. stock markets, the situation is still far from out of the woods. In fact, most market watchers believe that further interest rate hikes remain in the pipeline. The Fed vowed to continue with its interest rate hiking strategy to curb high inflationary pressure, persisting at a 4-decade high.
Higher interest rates shoot up the cost of borrowing, escalating the chances of an economic slowdown. Intensifying the uncertain scenario are reports of fresh COVID deaths in China. This stoked fears of re-introduction of market restrictions, in turn hampering economic activities.
The resultant market volatility implies that it is very difficult for individual investors to design a winning portfolio of stocks. Choice of improper stocks can adversely impact his/her returns, thereby ruining the very objective of investing precious funds in the highly unpredictable stock market. So, what's the way forward? One way is to trust broker advice and have broker-favorite stocks like Country Healthcare, CVR Energy, Delek US Holdings, Boise Cascade and Builders FirstSource on one's radar.
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