
This week brings a slew of data for investors to chew over, including the March jobs report and quarterly earnings result of Acuity Brands, Inc. (AYI), MSC Industrial Direct Co., Inc. (MSM), and Resources Connection, Inc. (RGP). Let’s explore the strong fundamentals and earnings potential of these stocks.
Last month the Federal Reserve initiated its ninth consecutive rate hike with a 25-basis-point increase in the interest rates as opposed to an expected pause. However, Fed Chair Jerome Powell hinted that the hike might be the last.