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Business
Malaika Alphonsus

FOUND: Need stability 3 stocks to buy - What They Never Told You

UMC USLM Recession Economy Infineon United Microelectronics Corporation US Federal Reserve

The stubbornly high inflation, strong jobs growth, restrictive monetary policy, and tightening of lending standards point to a recession later this year. The recession fears may drive the stock market turbulence and could continue to prevent investors from taking strategic investment decisions.

Amid this backdrop, investors could look to buy fundamentally strong, stable stocks United Microelectronics Corporation (UMC), United States Lime & Minerals, Inc. (USLM), and Utah Medical Products, Inc. (UTMD) to keep the volatility of their portfolios in check.

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