Published on 20 Jun 2024 on Insider Monkey · via Yahoo Finance
Nordic American Tankers Limited (NAT): Why Did Analysts Give This NYSE Penny...
We recently compiled a list of the 10 Best NYSE Penny Stocks To Buy. In this article, we are going to take a look at where Nordic American Tankers Limited (NYSE:NAT) stands against the other NYSE penny stocks.
The latest Consumer Price Index (CPI) data by the Bureau of Labor Statistics was released on June 12, which suggests a deceleration in inflation, which could be positive for the US market and economy. Stabilizing prices, particularly in core categories like shelter and food, indicate potential relief for consumers and might influence the Federal Reserve's monetary policy decisions favorably. The steadying of inflation could enhance consumer confidence and support economic stability.