Investors can take a closer look at some highly-rated names even as markets digest the likelihood of higher interest rates for longer.
Even as the prospect of higher rates weighs on markets, it could be time to take a closer look at some top-rated growth stocks. Growth stocks are outperforming in 2023 after getting hammered on Wall Street last year. The Nasdaq Composite is more than 8% higher this year, as investors piled into more risky names following some signs of easing inflation last month. On the other hand, the Dow Jones Industrial Average is negative on the year, while the S & P 500 has managed a more than 2% gain.
These stocks have at least four stars, have a market cap of $5 billion or more, and have a total return greater than 4.5%. Here are those names. Booking Holdings made the list. The online travel company was recently named by Goldman Sachs as having a strong record of margin expansion. Shares are up about 20% this year. Payments company Block is also fits the criteria.
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