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Even though the third-quarter earnings season has been impressive so far, and the stock market moved higher in response, concerns over high inflation, supply chain disruptions, and the Fed’s monetary policy tightening are expected to keep the market volatile in the near term. As investors brace for the Federal Reserve’s tapering decision today, stock futures trading was mixed this morning.
Wall Street analysts expect popular mega-cap stocks Visa Inc . (NYSE:V), Alibaba Group Holding Limited (BABA), and PayPal Holdings, Inc. (PYPL) to rally by more than 30% in price in the near term. So, we think it could be worth adding these stocks to one’s watchlist.
