2 Inflation-Proof Stocks That Could Continue Winning in the Second Half of This Year, No Matter What Happens
These companies thrive under economic pressure.
Overview
While the Federal Reserve works out how to stop rampant inflation, consumers need to figure out how to make their dollars work harder for them at the store. In general, inflation works against retailers as shoppers pull back on spending, but some retailers actually benefit from it; off-price or discount retailers often report their best performance when everyone is looking for a deal.
That's why TJX Companies (NYSE: TJX) and Costco Wholesale (NASDAQ: COST) are some of the best stocks to own when times are tough. Here's why they can keep winning in the second half of the year.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.