7 Hot Growth Stocks Poised to Triple by 2030
This looks like a wonderful time for investors looking for hot growth stocks with very strong outlooks. I believe that the market is really starting to internalize the concept that Fed Chairman Jerome Powell is anything but super-hawkish on interest rates and that the economy is well-positioned for a “soft landing.” There are two main reasons for my optimism. First, in the last month, the stock market in general and growth stocks, in particular, have performed very well. Secondly bullish statements made earlier this month by the very successful, veteran investor Ed Yardeni make me think hot growth stocks are about to get a lot more attractive. On Aug. 1, Yardeni noted that there have been multiple signs that inflation is easing. And he added that the central bank may already have raised rates to a neutral level. Consequently, the Fed could hike rates one more time in September before taking its foot off the brake, causing the economy to have a soft landing, Yardeni said. It appears that many large investors are realizing that this scenario is likely and that, as a result, growth stocks are starting to take off.
7 Hot Growth Stocks Poised to Triple by 2030
This looks like a wonderful time for investors looking for hot growth stocks with very strong outlooks. I believe that the market is really starting to internalize the concept that Fed Chairman Jerome Powell is anything but super-hawkish on interest rates and that the economy is well-positioned for a “soft landing.” There are two main reasons for my optimism. First, in the last month, the stock market in general and growth stocks, in particular, have performed very well. Secondly bullish statements made earlier this month by the very successful, veteran investor Ed Yardeni make me think hot growth stocks are about to get a lot more attractive. On Aug. 1, Yardeni noted that there have been multiple signs that inflation is easing. And he added that the central bank may already have raised rates to a neutral level. Consequently, the Fed could hike rates one more time in September before taking its foot off the brake, causing the economy to have a soft landing, Yardeni said. It appears that many large investors are realizing that this scenario is likely and that, as a result, growth stocks are starting to take off.