With inflation remaining well above the Federal Reserve’s target of 2%, the Fed is unlikely to end its restrictive monetary policy this year. With the Fed expected to keep raising interest rates, it could be worth buying discounted stocks ARC Document Solutions, Inc. (ARC), CPI Aerostructures, Inc. (CVU), and Rave Restaurant Group, Inc. (RAVE).
Value stocks have historically outperformed growth stocks when interest rates are high.
