In the first quarter of 2022, US stocks suffered their worst losses in two years. Market experts are afraid that increasing interest rates to combat inflation may go too far and cause a recession. Despite peace talks, the Russia-Ukraine crisis continues, weakening consumer confidence. In the short term, the overall market selloff has offered an appealing purchasing opportunity, particularly in high-growth equities. Stocks with good company fundamentals, stability in high inflationary situations, capacity for growth, and excellent financial positions are vital to achieving long-term financial goals.
Insider Monkey focused on small to mid-sized US companies with growth catalysts. The company Duolingo, Inc. was founded in 2011 and is based in Pittsburgh, Pennsylvania. The firm offers a language learning app and website, as well as digital language proficiency assessments. On March 16, one of its directors bought 17,379 shares for $1.4 million. Compass Minerals Foreign, Inc. is a Kansas-based corporation that sells and distributes important minerals in the US, Canada, Brazil, the UK, and other international markets. Salt, magnesium chloride, potash sulfate, and plant nutrition products are the company’s main products. Informatica Inc. reported $406.71 million in Q4 revenue, which was $10.17 million higher than market expectations. The company runs a platform powered by artificial intelligence that enables for enterprise scalability, data integration, and governance. ASGN Incorporated is a Virginia-based company that serves commercial and government clients with technology, digital, and creative solutions. The company was founded in 1985 and as of April 8 had a market valuation of $5.83 billion. On April 7, Truist analyst Beth Reed began covering FIGS, Inc. with a Buy rating and a $32 price target. By 2025, she believes the company will have surpassed $1 billion in sales. Following the release of the Q4 results, the stock increased by 13%. For more details, click 12 Best US Stocks To Buy Now.