{"id":2224,"date":"2022-08-29T13:03:44","date_gmt":"2022-08-29T17:03:44","guid":{"rendered":"https:\/\/www.insiderwealthalert.com\/?p=2224"},"modified":"2022-08-29T13:03:47","modified_gmt":"2022-08-29T17:03:47","slug":"the-2-best-stocks-to-buy-right-now","status":"publish","type":"post","link":"https:\/\/www.insiderwealthalert.com\/the-2-best-stocks-to-buy-right-now\/","title":{"rendered":"The 2 Best Stocks to Buy Right Now"},"content":{"rendered":"\n
Last Friday, Federal Reserve Chairman Jerome Powell delivered a serious blow to U.S. stock markets. Specifically, Powell said the Federal Reserve will continue to raise interest rates until it is confident that inflation is under control. These remarks halted the recent upward trend across the varied U.S. stock landscape. The key reason for this abrupt trend reversal is that Wall Street was expecting the Federal Reserve to back away from its aggressive interest rate hike strategy heading into 2023. <\/p>\n\n\n\n
The Federal Reserve’s battle to tamp down inflation has pushed every major U.S. stock index deep into the red for the year. Since the start of 2022, the\u00a0S&P 500<\/strong>\u00a0has dropped by 14%, the\u00a0Dow Jones Industrial Average<\/strong>\u00a0has lost 9.97% of its value, the\u00a0Nasdaq Composite<\/strong>\u00a0has sunk by a hefty 22%, and the\u00a0Russell 1000<\/strong>\u00a0has plunged by nearly 15%. While the veracity of this current\u00a0bear market<\/a>\u00a0is indeed concerning, investors ought not lose sight of the fact that down periods in U.S. stock markets tend to be short lived. Put simply, savvy investors shouldn’t be afraid to take advantage of this widespread sell-off.\u00a0<\/p>\n\n\n\n Keeping with this theme, Apple<\/strong> (AAPL<\/a> -1.46%)<\/strong> and Tandem Diabetes Care<\/strong> (TNDM<\/a> -1.97%)<\/strong> are two beaten-down stocks that ought to come roaring back to life once this latest bear market fades from view. <\/p>\n\n\n\n Technology giant Apple has lost nearly 8% of its value this year. Investors have been selling the company’s shares in 2022 over fears that inflation will slow consumer spending. While inflation has indeed hit certain industries and companies in recent weeks, Apple has been the exception to this general rule. In its most recent quarter, Apple posted a respectable 2% increase<\/a> in revenue year over year, powered by rising sales of its iconic iPhone and its increasingly popular services segment. Collapse<\/small><\/p>\n\n\n\nApple: A competitive moat like no other<\/h2>\n\n\n\n