Power Trends+: Rate Cuts Are Here & These 3 Stocks Historically Benefit
By -Edward Lance Lorilla
September 18, 20243 minute read
0
September 18, 2024
Power Trends+: Rate Cuts Are Here & These 3 Stocks Historically Benefit
Finally!
We just heard that the Federal Reserve is cutting interest rates for the first time in four years. The Fed went big, too, with a half-point cut.
Both the size and timing of the rate cut are rare. The Fed typically doesn’t make moves like this in the months preceding an election. But make no mistake, this points to not just a sizable rally in the last part of the year but a prolonged period of sideline cash pouring back into stocks.
It’s an important time for investors. In Monday’s Power Trends, I talked in-depth about rate cuts and why now is the time to get into high-quality stocks sure to rise.
Today, my colleague Luke Downey takes it a step further and shows you an incredible study on companies that historically perform well after the Fed cuts rates. He filmed the video before the announcement, but that doesn’t change the message. In fact, it’s more important now than ever, and you won’t want to miss these three stocks that could be incredible opportunities.
Luke also takes a deep dive into three more stocks that you asked us about: Johnson & Johnson (JNJ), Sherwin-Williams (SHW), and Deere (DE). They’re all big names, but will they produce big returns?
Remember, the stocks in this video issue are not currently recommended in my investing services, but that doesn’t stop us from digging into the data to help you in your research.
Stay tuned for more Power Trends+ videos coming your way soon. As always, make sure to send in your tickers or any comments and questions to jasonqe@tradesmith.com.
Talk soon,
Jason Bodner Editor, Jason Bodner's Power Trends
Disclosure: On the date of publication, Luke Downey held a position in Costco (COST) and Microsoft (MSFT) mentioned in this video.
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