4 Broker-Favorite Stocks to Monitor Post Analyst Upgrades
ABMABM Industries(ABM) ZACKS·2024-06-14 20:41

Despite signs of cooling inflation, the measure is still well above the Fed’s 2% target. In fact, Fed Chairman Jerome Powell recently indicated just one cut for 2024. In March, the Fed had hinted at three rate cuts for the year. The latest stance implies that rates will remain high for longer than anticipated and push up the cost of borrowing. Despite the high interest rate-induced uncertainty, investors would want to design a portfolio that fetches handsome returns. For this, proper guidance from investmen ...