Down 45% From Its High, Is RH Stock a Buy Now?
Uncertainty has gripped the stock market thus far in 2022. First, inflation has grown to over 7%, causing the Federal Reserve to turn more hawkish, and many now expect at least four interest rate hikes this year. This has tempered the valuations of many stocks.
Add to this a market at all-time highs and a developing international crisis on the Russia-Ukraine border, and many investors are running for the hills. Other savvy investors see this as an opportunity.
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Source Fool.com
