Concerns over rising inflation, ongoing supply chain bottlenecks, and the Fed’s tapering could keep the stock market volatile in the near term. It could therefore be a smart move to put your money on Linde (NYSE) Eaton (NYSE:), Waste Management(NYSE:), Eni, (E). These shares are gaining momentum and will continue that trend in the near future, thanks to strong fundamentals. We’re done. let’s examine these names.Impressive third-quarter earnings, rising consumer spending, and declining jobless claims have helped the major benchmark stock indexes hit record highs lately. However, with inflation hitting a 31-year high, unabated supply chain disruptions, and the Federal Reserve’s decision to start tapering its bond-buying later this month, the stock market might witness significant volatility in the near term. A potential slowdown of China’s economy due to its zero-COVID strategy could hurt the global economic recovery, impacting the stock market further.

In this context, betting on momentum stock could be a way to help avoid market swings in the short term. Investors’ interest in momentum stocks is evident in the JPMorgan (NYSE:) U.S. Momentum Factor ETF’s (JMOM) 8.4% returns versus SPDR S&P 500 Trust ETF’s (SPY) 5.9% gains over the past month.

Shares of Linde plc, Eaton Corporation plc, Waste Management, Inc., and Eni S.p.A. have been gaining momentum recently, which these companies are well-placed to sustain for the remainder of the year. It could make sense to invest in these stocks right now,

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