3 Magnificent Growth Stocks to Buy Hand Over Fist
Small-cap and mid-cap stocks tend to be interest rate sensitive. The core reason is that many of these companies are dependent on debt instruments to meet their long-term financial obligations.
Although the Federal Reserve is wobbling on a possible rate reduction this year due to sticky inflation, the central bank is widely expected to slash rates no later than 2025. This event should prove to be a major catalyst for smaller companies that have struggled in this high-rate environment.
Image source: Getty Images.
Source Fool.com
