Worried About Inflation? Buy This Forever Stock
There's been a lot of chatter lately about the threat of higher inflation and for good reason. An unprecedented amount of government stimulus, rising consumer demand coming out of the pandemic, and tight supply chains have all resulted in fears of higher prices.
A way for investors to combat this, though, is to seek out companies that have pricing power. Businesses that have historically been able to charge customers more over time can limit the negative impact inflation may have on operations.
I believe Netflix (NASDAQ: NFLX) is one such company that could ease investor concerns here since it has the makings of a forever stock.
Source Fool.com
