Customers arrive at an Outback Steakhouse restaurant on November 02, 2021 in Skokie, Illinois.
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This year has been about the drive toward “normalization,” thanks to higher rates, lower price-to-earnings ratios and the impact of rising inflation on profits, according to Raymond James.
That trend should continue in the new year, the firm said in a recent note in which it highlighted several stocks its analysts think have “interesting” set-ups for the year ahead.
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