7 Stocks That Are Good Inflation Investment
Analysts recommend these inflation stocks.
The stock market took a hit when the U.S. Labor Department reported the Consumer Price Index jumped 8.6% in the month of May, its largest gain since 1981.
Mosaic Co. (ticker: MOS)
Mosaic produces concentrated phosphate and potash crop nutrients for the agricultural industry.
APA Corp. (APA)
Formerly known as Apache, APA is a major U.S. oil and gas exploration and production company.
Applied Materials Inc. (AMAT)
Applied Materials is the world's leading producer of wafer fabrication equipment for the semiconductor industry.
Halliburton Co. (HAL)
Halliburton is a leading U.S. oilfield services company.
Advanced Micro Devices Inc. (AMD)
Semiconductor company Advanced Micro Devices produces personal computer central processing units (CPUs) and graphics processing units (GPUs)
SVB Financial Group (SIVB)
SVB Financial is the parent of Silicon Valley Bank, a commercial bank that specializes in technology, life sciences, wineries, and private equity and venture capital firms.
Tapestry Inc. (TPR)
Tapestry is the parent company of luxury brands Coach, Kate Spade New York and Stuart Weitzman.