HomeBusinessHealthcareInflation Returning To Normal In 2024 & Stocks To Invest In: MTB, GSK
Inflation Returning To Normal In 2024 & Stocks To Invest In: MTB, GSK

Will inflation return to normal in 2024, and will a recession occur? Value stocks outperformed growth stocks in April. M&T Bank (MTB) stock price is up almost 5% year-to-date. "M&T Bank recently acquired Peoples Bank. Will the company raise expectations following the merger? MTB reported above-consensus results," says James Locke. Also, the GlaxoSmithKline (GSK) stock price is up over 13% this past year. "The pharmaceutical and healthcare products company trades at 14.6X 2022 EPS and pays a 5.3% dividend rate. The company expects mid-single-digit sales growth and high single to low double-digit EPS growth going forward," Locke adds.

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