3 Surefire Stocks Set to Soar in 2022
Inflation is a topic of great debate among stock investors right now. One thing they can all agree on is that it's really high this year, posting a rise of 6.2% in October on a trailing-12-month basis. To give you a reference point, the Federal Reserve targets an annual inflation rate of about 2%.
The question is whether it's transitory (pushed higher by temporary supply chain issues), or whether it's here to stay, and Federal Reserve Chairman Jerome Powell might have just conceded that it's set to remain higher for much longer.
It might be time to prepare for this new environment, and three Motley Fool contributors think Square (NYSE: SQ), GoodRx (NASDAQ: GDRX), and PayPal (NASDAQ: PYPL) are great ways to combat -- and even benefit from -- inflation. Here's why.
Source Fool.com
