Investors may want to pick up shares in companies that can withstand a possible inflation comeback. The second quarter is off to a rough start as investors have become increasingly wary about higher-for-longer interest rates and stickier inflation. The S & P 500 is down 1.5% so far this month, while the 30-stock Dow has lost nearly 3% and the Nasdaq has shed 1.1%.
2%, digital workflow company ServiceNow has the highest projected three-year earnings per share growth of the list and a fairly low debt-to-equity ratio of 19.5%. Shares have gained 10.1% this year, fueled by enthusiasm around its expanded generative AI services. Stifel analyst Brad Reback kept his buy rating ahead of ServiceNow's first-quarter earnings slated for April 24.
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