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Strategists pick their top stocks to beat rising prices and slowing growth — including some they say are 'extremely cheap'

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Strategists pick their top stocks to play rising prices — and say some are 'extremely cheap'

The global economy is beset with rising inflation and slowing growth. Here, CNBC Pro sifts through recent research notes to identify strategists' top stocks in this tricky environment. The U.S. Federal Reserve hiked rates in March for the first time in more than three years, and announced a further 50-basis-point hike earlier this month . It's the start of what many expect to be an aggressive rate hike cycle this year.

The U.K.'s Office for National Statistics said its estimates suggest that inflation would have last been higher "sometime around 1982."The global economy is beset with rising inflation and slowing growth. Here, CNBC Pro sifts through recent research notes to identify strategists' top stocks in this tricky environment.

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