This Growth Stock Has Market-Beating Potential
Both the Dow Jones Industrial Average and S&P 500 indexes ran out of steam in August. Having rallied the month before, both popular market indexes are falling just as rapidly on recession fears as the Federal Reserve indicates it is intent on maintaining a hawkish position on inflation.
Consumers are getting squeezed just as the central bank is committed to cooling off the economy, which will result in even more hardship for people. Amid such gloomy scenarios, it's difficult to determine which stocks might be able to buck this downward trend. As such, many investors may decide to just sit on the sidelines. However, that could be a mistake.
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Source Fool.com