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Top Wall Street analysts name the best stocks to ride a market downcycle

The three major indexes ended the month with sizeable losses, rocked by spiking bond yields and a Federal Reserve that will do whatever it takes to bring down inflation. As frightening as these times may be, it’s key for investors to take a long-term perspective and look closely for stocks that have potential beyond these tumultuous times. Here are five stocks picked by Wall Street’s top professionals, according to TipRanks, a platform that ranks analysts based on their track record. The company’s balanced revenue mix between foundry and memory has helped it hedge its business against exposure to a single end market. For those who can stomach the near-term worries, Cowen analyst Jason Seidl recommends buying the stock, recommending GXO Logistics. . . .

Read more at www.cnbc.com
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