With raging inflation and fears of a downturn shaking investors’ confidence, the near-term market outlook remains cloudy. Therefore, let’s take a look at some of the quality stocks ServiceNow, Inc. (NOW), Nikon Corporation (NINOY), and North American Construction Group Ltd. (NOA) to secure this week that could help with stable returns during such market turmoil.
The Commerce Department recently reported that the core Personal Consumption Expenditures (PCE) price index increased 0.4% in April. The data indicates that inflationary pressures in the economy remain high, and a recession is lurking just over the horizon.
