A slight decline in inflation, a strong job market, and a massive spending package have boosted investor sentiment lately. However, the still elevated inflation and better-than-expected economic data might push the Fed to continue hiking interest rates. Therefore, the market is expected to remain under pressure.
Amid this backdrop, investing in low-priced stocks with solid upside potential is a good strategy. Although low-priced stocks usually witness significant volatility, they require investing lesser money and often deliver exceptional returns.
