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Furthermore, investors will likely remain upbeat with weekly unemployment claims falling for the third week in a row and the Fed’s continued assurance that inflation is transitory.
Given this backdrop, we think it could be wise to bet on prominent Nasdaq 100 stocks Intel Corporation (INTC) and Starbucks Corporation (SBUX) because they possess strong growth attributes and have been rated an A (Strong Buy) by our proprietary POWR Ratings system.