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While rising inflation and supply chain issues remain concerns, Fed Chairman Jerome Powell’s reiteration of the word ‘transitory’ regarding inflation brought some relief.
Given this backdrop, Wall Street Analysts expect fundamentally sound stocks Lufax Holding Ltd (LU), Organogenesis Holdings Inc. (ORGO), LexinFintech Holdings Ltd. (LX), and Brightcove Inc. (BCOV) to deliver significant upside in the near term.