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3 International Growth Stocks With Even More Upside By StockNews

by Mike Robinson

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© Reuters. Three International Growth Stocks with Even More Positives

To avoid volatility on the US stock market, you might be smart to look at international stocks. Due to their strong growth characteristics, global stocks Weibo, Shoprite, and Fuwei could make solid investments to your portfolio. Jerome Powell, Chairman of the Federal Reserve expressed concern over inflation. He said that it could reduce large-scale purchases by central banks of bonds backed by government. Also, the Fed suggested that they might increase interest rates for 2022.

In light of the current market volatility and economic uncertainty in America, it may be prudent to invest now in international stocks that are strong at growing. A OECD study shows that global economic recovery continues to be strong due to central and state support as well as progress in vaccination.

You might consider diversifying your portfolio with a few quality international growth stocks, such as Weibo Corporation, Shoprite Holdings Limited, or Fuwei Films Holdings Co., Ltd. These stocks have strong growth potential and will continue to gain in the short term.

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