Due to uncertainties surrounding rising inflation and a resurgence of COVID-19 cases, the stock market remains volatile. Given this environment, investors are shifting toward quality growth stocks to dodge short-term market fluctuations. So, with this, we think growth stocks Danaher (DHR), Hologic (NASDAQ:HOLX), Brunswick (NYSE:BC), and Matson (NYSE:MATX) could be great bets now because they are well-positioned to deliver solid returns this year and beyond. Read on.With the Fed’s continued support of the economy with its accommodative monetary policy, inflation has been rising. The Consumer Price Index hit 5.4% in June, its highest monthly gain since 2008. Furthermore, due to a resurgence of COVID cases across the country also, the stock market remains highly volatile.
In response, investors are shifting their focus to quality growth stocks to dodge short-term market fluctuations and benefit from businesses’ impressive growth. This is evidenced by SPDR Portfolio S&P 500 Growth ETF’s (SPYG) 10.7% returns over the past three months. Also, the Fed’s near-zero rate policy and the continued economic recovery bode well for growth stocks.
Amid rising uncertainties regarding the sustainability of the market’s momentum, we believe fundamentally strong growth stocks Danaher Corporation (NYSE:DHR), Hologic Inc . (HOLX), Brunswick Corporation (BC), and Matson Inc. (MATX) could gain significantly this year and beyond. So, they could be solid picks now.