5 High ROE Stocks to Bet on as Markets Remain on Tenterhooks

After a torrid run this past week due to sticky inflation data, the broader U.S. equity market witnessed a recovery of sorts driven by solid quarterly earnings performance from hitherto reported companies. However, investors remained circumspect of key U.S. economic data, slated to be released later this week, which could give a precursor to the Federal Reserve’s stance regarding interest rate cuts this year. Investors were mostly on the tenterhooks with the odds of a rate cut in Fed’s next policy meeting i ...