Investing in companies with strong growth prospects could be a wise decision to ensure solid returns in the long run amid widespread volatility caused by the possibility of interest rate hikes. To that end, Expedia Group, Inc. (EXPE), Extreme Networks, Inc. (EXTR), and FutureFuel Corp. (FF), which exhibit strong growth prospects, could be great additions to your portfolio now.
According to the latest Bureau of Labor Statistics data, Consumer Price Index (CPI) for May rose 4% from the prior year, indicating the slowest pace since April 2021. Although inflation has cooled considerably in recent months, the figures are still higher than the central bank’s target of 2%.
