With inflation moderating from multi-year highs and the Fed turning dovish, it could be an opportune time to capitalize on the potential of fundamentally sound growth stocks Novartis AG (NVS), Daimler Truck Holding AG (DTRUY), and CPI Aerostructures, Inc. (CVU).
Last week, the U.S. central bank raised its benchmark interest rate by a quarter of a percentage point to the 5%-5.25% range, in line with the market expectations. The Federal Reserve hinted at a potential pause to its rate-hiking campaign in June.
