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The Federal Reserve is raising interest rates to combat rising inflation. One of the side effects of the tightening of monetary policy could be an economic recession. This video will highlight why Chegg (CHGG +4.33%) is one growth stock that could do well in that scenario. 

Stock prices used were the afternoon prices of Sept. 22, 2022. The video was published on Sept. 22, 2022.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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Parkev Tatevosian has positions in Chegg. The Motley Fool recommends Chegg. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Chegg Stock Quote
Chegg
NYSE: CHGG
$0.83
(+4.33%)+$0.03
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Worried About the Federal Reserve Causing a Recession? 1 Growth Stock to Buy Now | The Motley Fool