Inflation is defined as a general rise in the cost of goods and services which is offset by a symmetrical decline in the purchasing power of a currency. The effect of inflation is that too much money is chasing after too few goods.
In a healthy economy, a little inflation is desired, and even necessary. But when the cost of goods and/or the cost to produce those goods accelerate too quickly, consumers and businesses feel the pinch. And so do investors.
In the face of this inflation, some analysts suggest you keep your cash on the sidelines. But the market doesn't announce when it's going to turn around. And if you're on the sidelines when it does, you'll miss out on the biggest gains.
However, with some simple legwork, you can invest in stocks that will continue to generate revenue and earnings.
This is important because earnings growth is the single biggest predictor of stock price growth. And with many companies expected to be lowering their earnings expectations in 2023, it's important to find companies that expect to have the combination of earnings growth and a dividend yield that can outpace inflation.
That's the focus of this special presentation in which we feature seven inflation-resistant stocks that will allow you to keep ahead of inflation.
Click the "Continue to Slide #1" button to view the first company.