Coupled with warnings around the debt ceiling growing louder, the Fed’s persistent efforts to curb the stubbornly high inflation and the banking system jitters have aggravated concerns of an economic slump. The resultant market volatilities are anticipated to linger for a while.
Despite such an uncertain economic backdrop, investors could consider buying quality growth stocks, Boston Scientific Corporation (BSX), Cardinal Health, Inc. (CAH), Cidara Therapeutics, Inc. (CDTX), and Geospace Technologies Corporation (GEOS), to garner significant returns.
