Inflation doesn't seem to be moving higher, but its downward trajectory seems to have slowed to a crawl, around 3.2%, which is keeping interest rates higher than anticipated.
Markets have remained resilient despite February’s CPI and PPI data coming in hotter than anticipated but it may be time to consider buying several highly ranked basic materials stocks and here are a few to consider.
Hawkins finalizes acquisition of Industrial Research Corporation, expanding its water treatment business reach. Industrial Research supplies water treatment chemicals and equipment across Louisiana, Texas, and Arkansas. CEO Patrick H. Hawkins anticipates accelerated growth in adjacent regions.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying The Allstate Corporation (NYSE: ALL), which recently posted upbeat results for its fourth quarter.
