TOP STOCKS IN 2022 TO 2023 (US,INDIA)

       RICH STOCKS IN US MARKET

Buy these 3 recession-resistant stocks with the US economy set to contract, says a strategy director who called the inflation threat back in November

  • Brad Neuman, a strategy director at Alger, said last fall that inflation would stay hot.
  • Now, the market veteran believes that a recession is more likely than not as growth slows.
  • Here are three top growth stocks to buy as the US economy enters a recession.

For the second time in seven months, Brad Neuman, the director of market strategy at asset management firm Alger, has made a decisive call at a pivotal time for the economy.

In mid-November the two-decade market veteran predicted that inflation would persist longer than anticipated and “could be taking on a new role in the economy.” That stance gained traction as inflation readings came in hotter than expected over the following months, but it still wasn’t the consensus view until recently.

Neuman’s newest position is that a recession is more likely than not as inflation remains high and financial conditions tighten. Market experts are increasingly subscribing to that view as economic momentum slows, though there are still plenty of pundits who are optimistic.

History suggests that there will be a recession , Neuman told Insider in a recent interview. The economy has shrunk in eight of the past 11 times that the Federal Reserve has hiked interest rates, Neuman noted, and the three exceptions occurred when the economy was stronger, with both lower inflation and higher rates than in today’s environment.

That precedent, plus the fact that there’s more room for manufacturing and consumer indicators to drop, means that the near-term path for stocks is probably lower, the strategy director said.

“We don’t have the signals for any of those economic or sentiment bottoms, so I look for continued economic weakness and softness in the stock market,” Neuman told Insider.

10 Best Growth Stocks to Buy for 2022

The best growth stocks to buy for 2022:

— Amazon.com Inc. (AMZN)

— Meta Platforms Inc. (META)

— Alphabet Inc. (GOOG, GOOGL)

— Fleetcor Technologies Inc. (FLT)

— Halliburton Co. (HAL)

— Monster Beverage Corp. (MNST)

— Match Group Inc. (MTCH)

— TransDigm Group Inc. (TDG)

— T-Mobile US Inc. (TMUS)

— United Rentals Inc. (URI)

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10 Best Growth Stocks to Buy for 2022 originally appeared on usnews.com

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Top 10 stocks to watch out for today

Here is the list of top 10 stocks that can see  significant movement today.

1. Cantabil Retail – The company has opened its 400th store.

2. Indian Card Clothing – The company has declared special interim dividend of Rs 25 per share.

3. Cipla – The Company has decided to invest another Rs. 26 crore in GoApptive to raise its stake further to 22%.

4. Manappuram Finance – The Company is considering raising funding of up to $100 million.

5. Hazoor Multi Projects – The Company has gotten order of Rs. 220 crore from Gayatri projects.

6. GRP Limited – The Company has sold 50% of its stake in JV Marangoni GRP.

8. Star Health – The Company has announced tie-up with IDFC First Bank for distribution of its insurance schemes.

9. Bank of Baroda – The Company’s board has approved fund raising of up to Rs 5000 crore.

10. Gillanders Arbuthnot : The Company has announced sale of land for Rs 11 crore.

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