5 Low-Leverage Stocks to Buy as Inflation Data Meets Expectation
Atmos Energy (ATO) ZACKS·2024-06-03 22:26
Most of the major U.S. stock indices ended the month of May on a high note, reflecting investors’ optimism after inflation data offered some relief. Inflation in the United States, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, came in at 2.7% on a yearly basis in April, as reported by the U.S. Bureau of Economic Analysis on May 31. This was in line with the market expectations.In such a situation, we recommend stocks like Vital Farms (VITL) , Trip.com Group Limited ( ...