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StockNews.com
StockNews.com
Business
Nidhi Agarwal

3 Momentum Stocks to Start Watching

ASML Jerome Powell Argentina Inflation Recession HHI US Federal Reserve

As the market outlook appears cloudy due to cautious remarks from Federal Reserve Chair Jerome Powell regarding future rate hikes, I think quality stocks ASML Holding N.V. (ASML), ASSA ABLOY AB (publ) (ASAZY), and Banco BBVA Argentina S.A. (BBAR), which have gained solid momentum, might be ideal additions to your watchlist.

The first half of 2023 has been marked by volatility and uncertainty in the markets, with various factors such as recession fears, interest rate hikes, inflation concerns, banking sector turmoil, and a softening US economy impacting investor sentiment.

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