7 Stocks to Buy if Inflation Continues to Reign in 2024

Before considering which stocks to buy if inflation continues, it’s good to remember the relationship between inflation and interest rates. The latest reading on CPI and PPI shows that the declining inflation rate may be ramping back up. The takeaway is that the Fed is less likely to lower interest rates, which puts pressure on equities. But while some stocks will struggle, others are built to shine during rising inflation. These are the companies that deliver the products and services that consumers need to have regardless of what’s happening in the economy. A common trait of these companies is that they are mature companies with a consistent track record of generating positive revenue and earnings. When these companies’ stock outperforms the market, the companies can pass along that growth to shareholders. PepsiCo (PEP) Source: FotograFFF / Shutterstock Investors seem to have a lot of reasons to talk down PepsiCo’s (NASDAQ: PEP ) stock. Until recently, the stock had been lagging behind the broader market due to concerns about declining volume....

InvestorPlace - 4/27/2024 6:38:00 AM More News for CMS
Stock Analysis for CMS
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