This Could Be the Best Stock to Buy If You're Worried About Inflation
One of the biggest topics on every investor's mind these days is inflation. The unexpected surge in consumer demand as economies started opening back up earlier this year has resulted in tight supply chains, labor shortages, and ultimately higher prices for goods. This has even led to questions about when and if the Fed should begin tapering its massive bond-buying measures.
For investors, however, owning shares in companies that benefit from (or at least are resistant to) the effects of inflation is a solid strategy to protect your portfolio. Here's why PayPal Holdings (NASDAQ: PYPL) is an excellent stock that fits that description.
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Source Fool.com
