We don’t often think about it, but the supply chain affects the cost of goods and services in a huge way.
The global supply chain is dealing with Russia’s invasion of Ukraine, worker shortages and inflation. It’s driving up the cost of goods.
But I believe there’s opportunity in the more insulated North American market.
We can capitalize with a company that rates a 99 in our Stock Power Ratings system. Its stock has achieved “maximum momentum” while it’s helped keep our supply chain on track.
By definition, a supply chain is a network between a company and its suppliers to produce and deliver products to consumers.
A 2021 Vanson Bourne study said that global supply chain disruptions cost American companies $228 million in 2021.
This was before Russia’s invasion of Ukraine, which put additional pressure on countries trying to bring in and ship out everything from wheat to oil.
Today, I have a Power Stock that keeps the North American supply chain on track. This logistics company moves products from U.S. manufacturers to U.S. customers.
· It scores a 99 on our Stock Power Ratings system!
· It’s done well to weather the current market downturn.
· This stock recently hit a 52-week high.
I believe this stock has more room to run.
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