Published on 7 May 2024 on Insider Monkey via Yahoo Finance

13 Best Stocks That Will Always Grow

In this article, we discuss the 13 best stocks that will always grow. To skip the detailed analysis of the current economic landscape, go directly to the 5 Best Stocks That Will Always Grow.

At the Federal Reserve’s May 1 meeting, Chairman Jerome Powell focused on the Fed's dual mandate of promoting maximum employment and stable prices. The Fed maintained the federal funds rate at 5.25% to 5.5% and said that while the economic activity has been solid, with robust consumer spending and job gains, inflation remains a concern. The unemployment rate remains low at 3.8%, but the GDP growth moderated from 3.4% in the fourth quarter of 2023 to 1.6% in the first quarter of 2024. The market remained strong after the Fed meeting as the S&P 500 was 2.21% higher between May 1 and May 3 market close.

Navigating the Economic Landscape