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The Biden administration has tightened rules regarding travel, adding the requirement that all in-bound passengers be tested within 24 hours of departure and mandating masks be worn on aircraft to fight against the new coronavirus variant. However, President Biden also assured the country he would not push for a resumption of an economic lockdown.
On November 19, the House passed the $1.7 trillion Build Back Better bill, which is expected to stimulate the broader economy along with the recently enacted infrastructure act. Given this scenario, the under-$10-stocks of ICL Group Ltd (ICL) and Information Services Group, Inc. (III) look like solid buys. These stocks have strong fundamentals and have an overall A (Strong Buy) rating in our proprietary POWR Rating system.
