In the latest episode of the Zacks Market Edge Podcast, host Tracey Ryniec and Zacks Chief Equity Strategist John Blank discuss the current state of the US economy. Despite concerns about tariffs and trade wars, data shows positive GDP growth and steady employment rates. The Leading Economic Indicators, however, have triggered a recession signal in May.

The AI Revolution spending is projected to reach $450 billion this year, accounting for about 1.3% of the total economy. Three key stocks to watch are Fastenal Company (FAST), which beat earnings and has seen a 27.6% YTD increase; NVIDIA Corp. (NVDA), reaching new all-time highs with a 29% YTD increase; and Cintas Corp. (CTAS), which reported earnings beat and expects a 15.8% earnings jump this year.

Investors can find opportunities in stocks set to double, such as those highlighted by Zacks experts in a new report. With picks flying under Wall Street radar, there’s a chance to capitalize on growth potential in various industries. For more insights on the economy and stock market, tune into the latest Zacks Market Edge Podcast episode.

Read more at Nasdaq: Is a Recession Coming in 2025?