13 Inflation-Proof Stocks to Buy for 2024

Fortune2023-12-11

Sometimes there’s a clear economic narrative that can help steer investors through the stock-picking process. In 2021 the guiding story was the stimulus-infused post-COVID rebound. In 2022 it was an ...

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  • farQ2
    2023-12-12
    farQ2
    The notion of "inflation-proof stocks" is often considered a myth, as no investment is entirely immune to the impact of inflation. While certain stocks may demonstrate resilience during inflationary periods, it is crucial to understand the complexities involved in making such claims. Inflation erodes the purchasing power of money over time, affecting various aspects of the economy. Stocks are not immune to these effects, as the companies they represent may face increased costs of production, higher interest rates, and changing consumer behavior during inflationary periods. One common misconception is that certain sectors, such as utilities or consumer staples, are inherently inflation-proof. While these sectors may exhibit defensive characteristics, their performance can still be influence
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