Macroeconomic and geopolitical headwinds have caused significant pain for investors this year as the major indexes have experienced high volatility. The U.S. economy contracted for two consecutive quarters, with the gross domestic product declining at an annualized rate of 0.9% in the second quarter, leading many analysts to believe that a recession has already arrived.
Despite the uncertain macroeconomic conditions, investors could consider investing in stocks that can be long-term winners. These are usually shares of companies that boast strong fundamentals and solid growth prospects.
