TECH - 4 Under $20 Stocks to Bet on as Inflation Subsides | Benzinga
Warren Buffet once said, "You pay a very high price in the stock market for a cheery consensus." Yet, the higher the price one pays for a stock, the lower the return one can expect. Successful investing is about buying stocks cheap and then have others agree with you. True to form, investors have always looked to buy shares at a low price and sell them high, which is the very definition of making money in the stock market.
Over the past year and a half, the markets have been rebounding from the vagaries of 2022, primarily based on tech recovery built on AI optimism. For first-time investors or ones who want an entry point into the market without putting a lot at stake, the time feels right. Inflation, which was stubbornly high in 2024, also eased in April, thereby uplifting the mood in the stock markets.
Inflation in April rose less than expected, signaling a downward trend. Per the Bureau of Labor Statistics, the Consumer Price Index increased 0.3% over March. Annually, CPI rose 3.4%, following a 3.5% rise in March. This marks the first month of slowing annual data since January 2024, after peaking at 9.1% in June 2022.
Core CPI, which does not take into account food and energy costs and is usually considered a better indicator of underlying inflation, also gained 0.3% in April. Core CPI ...