With inflation still alarmingly high and the Federal Reserve committed to battle inflation with interest rate hikes, the stock market will likely remain volatile this year. Despite the expected market turmoil, it could be worth buying fundamentally strong, inexpensive penny stocks Nokia Oyj (NOK) and trivago N.V. (TRVG), which have the potential to rise significantly over time.
Before discussing the fundamentals of these stocks, let’s evaluate why the stock market could remain under pressure this year.
