Despite a solid start this year, the stock market is still under pressure. Amid signs that inflation pressures aren’t cooling off as quickly as expected, traders are now betting that there’s a 100% probability that the Fed will raise rates again at its next meeting in March.
Although the market is volatile, investors should stay invested and focus on their long-term investments. I think fundamentally strong stocks McDonald’s Corporation (MCD), Verizon Communications Inc. (VZ), Salesforce, Inc. (CRM), Humana Inc. (HUM), and STMicroelectronics N.V. (STM) are poised for long-term growth and could be top picks for your portfolio.
