Stagflation is a word coined over five decades ago by British politician Iain Macleod. It refers to an economic conundrum in which activities aimed at lowering inflation may aggravate unemployment. One example of stagflation is the oil shock of the 1970s, which resulted in inflation and unemployment. Increasing prices during periods of poor economic growth has become the norm throughout time. Experts warn that the recent high levels of inflation will almost certainly result in a recession. Stable enterprises with attractive cash flows are gaining investors’ interest in this circumstance.
Here is Insider Monkey’s list of the 10 stocks to buy before stagflation begins. Hedge funds with deep pockets are positive on the stock. At the end of the fourth quarter of 2021, 22 hedge funds in Insider Monkey’s database had positions in Hasbro, Inc. totaling $224 million. In the following months, the company’s operating margins are forecast to reach 16 percent. Best Buy Co., Inc. is regarded as one of the most dependable retail stocks in the market. AQR Capital Management, a Connecticut-based investment firm, is a major shareholder in Best Buy, owning 1.3 million shares worth more than $132 million. Sunrun Inc. is one of Wall Street’s most popular solar stocks. With 7 million shares worth more than $242 million, Tiger Global Management LLC is the largest stakeholder. The stock has an Overweight rating and a $91 price objective from Morgan Stanley. Medtronic Plc is a company that creates and sells medical devices. With a Buy rating and a price target of $135, a Bank of America analyst has restored coverage of the stock. The firm’s current valuation pipeline, according to analysts, is not being valued by Wall Street. Blackstone Inc. is a hedge fund and alternative asset manager. In recent months, hedge funds have begun pouring money into the stock. Insider Monkey’s database showed that 62 hedge funds have positions in BX worth $3.1 billion at the end of the fourth quarter of 2021. For more details, click the 10 Stocks To Buy Before Stagflation Begins.