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Prices Are Rising, but These 3 Stocks Do Well in Times of Inflation

·6 min read
Prices Are Rising, but These 3 Stocks Do Well in Times of Inflation
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On Nov. 10, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index is up 6.2% over the last 12 months. Supply-chain issues, higher raw material costs, and seven-year-high oil and gas prices are just a few of the reasons why inflation is at a 30-year high. Franco-Nevada (NYSE: FNV), Freeport-McMoran (NYSE: FCX), and Chevron (NYSE: CVX) are three companies built to combat inflation.