AXAHY - Axa Is An Attractive Buy For A High-Inflation Environment
- The U.S. Consumer Price Index increased by 8.5% for the year ended in March 2022, implying the highest inflation rate since 1981.
- To be considered an attractive buy in times of high inflation, a company should meet a number of requirements.
- In my opinion, the French multinational insurance company Axa is an attractive buy in times of high inflation.
- Axa has a strong brand image, high profitability, a solid balance sheet and its business requires low capital investments.
- Axa's characteristics should enable the company to cope with higher costs and an environment of increasing interest rates.
For further details see:
Axa Is An Attractive Buy For A High-Inflation Environment