This post was originally published on this site
While the Fed signaled interest rate hikes in 2022, the interest rate environment remains unchanged for now. So, the availability of cheap money and the continued economic recovery should bode well for growth stocks.
Therefore, we think it could be wise to bet on cheap stocks AstraZeneca Plc (AZN) and Gates Industrial Corporation plc (GTES), which possess strong growth attributes. These stocks are rated ‘Strong Buy’ in our proprietary POWR Ratings system.
