7 Large-Cap Sleeper Stocks to Buy Before Wall Street Wakes Up
Today, I want to consider some large-cap sleeper stocks to buy. If you were able to travel back in time one year ago, the current market environment might feel like a bad dream. Twelve months ago, stocks were still in a sustained (albeit somewhat tired-looking) bull run and making new all-time highs. While the Federal Reserve was laying the groundwork for wrapping up its asset purchase program, central bankers were split on whether there would be any interest rate hikes in 2022. Then inflation reared its ugly head, investors began fleeing high-growth stocks and, well, you know how this story goes. Yet, it’s not all doom and gloom. Interest rates remain low from a historical perspective, the labor market is strong, and many large companies are sitting on huge amounts of cash stored up during the pandemic. With each of the three major indices currently in bear-market territory, some of the best stocks are on sale. This presents an opportunity for investors with a long time horizon. So, without further ado, here are seven large-cap sleeper stocks to buy.
7 Large-Cap Sleeper Stocks to Buy Before Wall Street Wakes Up
Today, I want to consider some large-cap sleeper stocks to buy. If you were able to travel back in time one year ago, the current market environment might feel like a bad dream. Twelve months ago, stocks were still in a sustained (albeit somewhat tired-looking) bull run and making new all-time highs. While the Federal Reserve was laying the groundwork for wrapping up its asset purchase program, central bankers were split on whether there would be any interest rate hikes in 2022. Then inflation reared its ugly head, investors began fleeing high-growth stocks and, well, you know how this story goes. Yet, it’s not all doom and gloom. Interest rates remain low from a historical perspective, the labor market is strong, and many large companies are sitting on huge amounts of cash stored up during the pandemic. With each of the three major indices currently in bear-market territory, some of the best stocks are on sale. This presents an opportunity for investors with a long time horizon. So, without further ado, here are seven large-cap sleeper stocks to buy.