
The probability of more rate hikes in 2023 to tame the sticky inflation has induced a fresh bout of anxiety among investors and aggravated fears of an economic slump. Against this backdrop, let us explore some growth stocks The Sherwin-Williams Company (SHW), SMART Global Holdings, Inc. (SGH), and Steelcase Inc. (SCS) now.
But let us first discuss what’s happening on the economic front before we delve deeper into the fundamentals of the stocks mentioned above.