![]() ![]() ![]() However, identifying cash-rich stocks alone does not make for a solid investment proposition unless it is backed by attractive efficiency ratios like return on equity (ROE). Meanwhile, the corporate earnings season is winding down with better-than-expected performance from hitherto reported companies.As investors employ a wait-and-see approach in a classic example of “backing and filling” in the market, they can benefit from “cash cow” stocks that garner higher returns. However, inflation has yet to recede from its near 40-year highs, fueling speculations that more interest rate hikes are in the pipeline.With the consumer price index report due on Thursday, investors await further clarity regarding the future interest rate path and its likely impact on the economy as concerns about recession refuse to abate. The rise was largely triggered by optimism surrounding the mid-term congressional elections as markets widely expect an outcome that would potentially benefit interest rates and Treasury supply.With the fourth successive 75 basis point increase, the Fed has vowed to continue its aggressive rate hike policy to curb high inflationary pressures. equity markets witnessed an uptrend in the past few trading sessions despite a soft iPhone production warning from Apple owing to Covid-19 restrictions in China. JPM and Equinor ASA EQNR.5 Stocks with High ROE to Buy Amid Midterm ElectionsThe U.S. For Immediate ReleaseChicago, IL – Novem– Stocks in this week’s article are Jabil Inc. ![]()
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