3 Standout Growth Stocks to Own for 2024
Published by
Barchart
Barchart
The Fed’s ongoing rate hike campaign has pressured many growth stocks over the past year, as these companies often rely on debt to finance future expansion. Now, however, as recent data points suggest the Fed may be nearing the end of its tightening cycle – and the U.S. economy may actually manage a soft landing – growth stocks are once again back in favor. And as interest rates eventually decline back toward more typical levels, growth stocks in particular should benefit from lower borrowing costs. With this in mind, here’s a look at three stocks that are top-rated by analysts, and expected …