
The stock market will likely undergo high volatility in the upcoming months as Fed Chairman Jerome Powell cautioned that interest rates would probably be higher than expected. However, that should not deter long-term investors from buying high-quality stocks, such as Visa Inc. (V), Novo Nordisk A/S (NVO), and Autodesk, Inc. (ADSK), given their strong fundamentals and solid growth prospects.
Before we delve deeper into the fundamentals of these stocks, let’s discuss the factors that could keep the stock market under pressure this year.