NOC - These twelve stocks screen positively for inflation impact
Inflation is on the minds of investors as the earnings season ramps up and execs highlight cost pressures on earnings calls. With this in mind, Bank of America runs a screen for S&P 500 companies whose relative performance has a strong positive relationship with inflation. Stocks identified by BofA with a 95% confidence level of a positive correlation to inflation include Mosaic (NYSE:MOS), National Oilwell Varco (NYSE:NOC), Freeport-McMoran (NYSE:FCX), Advanced Micro Devices (NYSE:ADM), Incyte (NASDAQ:INCY), Western Digital Corporation (NASDAQ:WDC), Apacha Corporation (NASDAQ:APA), Qualcomm (NASDAQ:QCOM), Micron (NASDAQ:MU), NetApp (NASDAQ:NTAP), Haliburton (NYSE:HAL) and Pioneer Natural Resources Company (NYSE:PXD). Run your own screen of stocks by dividends, value, growth or momentum.
For further details see:
These twelve stocks screen positively for inflation impact