CHWY - Why Chewy Williams-Sonoma and Accenture Are No-Brainer Buys Right Now
2023-04-17 06:11:00 ET
Inflation, rising interest rates, and other macroeconomic headwinds have prompted many investors to stash more of their cash in fixed-income plays like CDs and U.S. Treasury bonds rather than stocks over the past year. That's a prudent strategy, but investors could miss out on some big long-term gains by blindly shunning all stocks.
Instead of ignoring stocks completely until a new bull market starts, investors should take this opportunity to accumulate shares of well-run companies that are trading at attractive valuations. These three resilient stocks fit that description: Chewy (NYSE: CHWY) , Williams-Sonoma (NYSE: WSM) , and Accenture (NYSE: ACN) .
Image source: Getty Images.
For further details see:
Why Chewy, Williams-Sonoma, and Accenture Are No-Brainer Buys Right Now