
Persistent inflation and robust consumer spending, among other favorable economic figures, have strengthened the case for the Fed’s rate increase in June. The growing probability of another rate hike next month and other macroeconomic uncertainties would cause immense volatility in the stock market.
Amid volatile market conditions, it could be wise to invest in quality stocks ABB Ltd (ABBNY), AmerisourceBergen Corporation (ABC), and Accel Entertainment, Inc. (ACEL) with significant analyst sentiment. Let’s discuss this in detail.