Inflation Cools, Stocks Jump: Is Iridium a Buy?

Inflation data sparks stock surge! Stocks like Alight, Iridium, and CDW jumped after inflation numbers aligned with expectations, hinting at potential interest rate cuts. Is this a buying opportunity, especially for volatile stocks like Iridium, despite its recent downgrade and competition from Starlink? Dive in to see how cooling inflation could fuel your investment strategy! Hosted on Acast. See acast.com/privacy for more information.