However, despite concerns about inflation and the expectation that Fed may reduce asset purchase activity sooner than planned, major stock market indicators rebounded last Week. As the economy gradually recovers, we think it could be wise to add the following quality large-cap stocks to one’s portfolio: Ituit (INTU), Starbucks(SBUX), TJX Companies, (NYSE:), Align Technology (NASDAQ:) Each of these names is expected to produce significant returns over the coming months. Let’s discuss.The major stock market indexes ended in the green last week despite COVID-19 omicron-related fears and high inflation concerns. The Bureau of Labor Statistics reported that consumer inflation increased by 6.8% between November 2021 and November 2021. The Fed is expected to raise its interest rates sooner than anticipated by investors in the short term. However, U.S. unemployment claims fell to their lowest level in 52 years.

JPMorgan Chase & Co. (NYSE:) provided a positive outlook for 2022. JPM Global Research Leader Marko Kolanovic said, “Our view is that 2022 will be the year of a full global recovery, an end of the pandemic, and a return to normal economic and market conditions we had prior to the COVID-19 outbreak.” And according to a Factset report, a record-high net profit margin is expected in 2022. Amid this backdrop, investors’ interest in the growth stocks has been growing, as is evident in the SPDR Portfolio S&P 500 Growth ETF’s (SPYG) 3.2% returns over the past month compared to the SPDR S&P 500 Trust ETF’s (SPY) 1.5% gains over the same period.

We believe it would be prudent to invest in fundamentally sound large-cap stock Intuit Inc., Starbucks Corporation (NASDAQ :), Starbucks Corporation, The TJX Company, Inc., and Align Technology, Inc., (ALGN) because of their strong growth characteristics.

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