U.S. stocks have been presenting major headwinds for investors throughout much of the year, as inflation and skyrocketing interest rates push many traders to from their bullish sentiment. In this article, we'll take a look at five retail stocks — TJX, KR, DG, TGT, and MELI — that may be able to power through tough times. Federal Reserve Chair Jerome Powell announced another aggressive rate hike of 75 basis points. This marks the fifth consecutive rate hike this year alone, as the central bank looks to get a hold on rampant running inflation.
https://www.tipranks.com/news/article/5-retail-stocks-to-consider-amid-high-inflation?utm_source=advfn.com&utm_medium=referral
MercadoLibre (NASDAQ:MELI)
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MercadoLibre (NASDAQ:MELI)
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From Feb 2022 to Feb 2023 Click Here for more MercadoLibre Charts.