The stock market has remained under pressure lately due to concerns over surging inflation and the Fed’s aggressive monetary tightening. Investors worry that the Federal Reserve’s tighter monetary policy to combat the multi-decade high inflation may lead to an economic contraction. Although these concerns are not expected to subside soon, it could be wise to buy quality stocks amid this downtrend.
Stocks possessing strong profitability and steady revenue and earnings streams are considered high-quality stocks. These stocks usually remain resilient regardless of economic and market conditions.
