3 Top Value Stocks to Buy Right Now
With unemployment below 4% and inflation metrics high, we could be looking at a period in which the Federal Reserve raises interest rates. Perhaps more importantly, this week's minutes from the December Federal Reserve meeting showed officials are thinking about shrinking the Fed's balance sheet soon, which was quicker than anticipated.
Tightening financial conditions and rising rates pose the risk of slowing the economy too much, but the reason for this new hawkishness is that the economy is running hot. If rates rise, but not so much to tip the economy into recession, low-priced value and cyclical stocks could continue to outperform in 2022 as they have in the first week.
If value and cyclical stocks continue to shine amid a strong economy in 2022, the following three stocks still look like absolute bargains.
Source Fool.com
