Sky-high inflation and the Fed’s monetary tightening have kept the stock market under immense pressure. Given that market jitters are unlikely to diminish anytime soon, investors could explore Loews Corporation (L), Liberty Energy Inc. (LBRT), and Key Tronic Corporation (KTCC), which have gained significant momentum.
Several macroeconomic challenges and geopolitical chaos have been affecting investors’ optimism. The Fed’s consecutive rate hikes, in an effort to reduce liquidity and tamp down the multi-decade-high inflation, have triggered fears of an economic slump.
