Exclusively for CNBC Pro Subscribers - As markets plunge, CNBC Pro names these top stocks for traders to weather further volatility.
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters |
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As markets plunged following a hotter-than-expected inflation report, CNBC Pro found a raft of names for traders battening down the hatches to weather further volatility. Stocks tumbled after the August consumer price index report showed headline inflation gaining month over month, in spite of a drop in gas prices, spelling choppiness ahead. CNBC Pro surfaced a basket of inflation-fighting stock picks that could help investors brace for more challenges. These companies are expanding margins even with rising costs and are expected to grow earnings significantly, with earnings per share growth of at least 10% forecasted. Subscribe to CNBC Pro to see the stocks CNBC Pro identified as inflation-fighting stock picks that could help ensure a smooth ride for investors. |
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