• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

4 stocks to buy before the Fed cuts interest rates in 2024

by July 30, 2024
written by July 30, 2024

As the US Federal Reserve gears up for its policy meeting this week, the market buzz is all about potential interest rate cuts. While a rate cut is unlikely to be announced immediately, markets are optimistic that the central bank will start lowering rates by September. 

This anticipation makes now a strategic time to invest in stocks poised to benefit from lower interest rates. Here are four stocks that experts believe will thrive in the upcoming rate cut environment.

Chevron Corp (NYSE: CVX)

Chevron is a prime candidate for benefiting from lower interest rates. 

Historically, rate cuts stimulate economic growth, leading to increased demand for oil and gas. 

This scenario can enhance Chevron’s profitability and make new projects more financially viable due to reduced borrowing costs. 

Chevron stock is currently down more than 15% from its all-time high, offering a healthy dividend yield of 4.17%. 

This makes Chevron an attractive option for investors looking to capitalize on the expected rate cuts.

AT&T Inc (NYSE: T)

AT&T stands out as another top stock likely to gain from upcoming rate cuts. 

The telecommunications giant requires significant capital expenditures for network upgrades and expansion. 

Lower interest rates can make these investments more affordable and potentially more profitable. 

Additionally, reduced borrowing costs will help AT&T manage its substantial debt load, improving cash flow. 

With a dividend yield of 5.87%, AT&T offers a compelling case for inclusion in your portfolio ahead of the anticipated rate cuts.

Uber Technologies Inc (NYSE: UBER)

Uber is set to benefit significantly from lower borrowing costs as a growth-oriented company. 

Rate cuts can facilitate business expansion and support competitive pricing strategies and technological advancements. 

Although Uber stock trades at 3.62 times its past-year sales, Wall Street maintains a consensus “buy” rating with an average upside target of $87, representing a potential 35% increase from current levels. 

This makes Uber an appealing investment option in a lower interest rate environment.

3M Co (NYSE: MMM)

3M is another stock that could gain from rate cuts, as lower interest rates typically boost consumer spending. 

This can drive increased demand for 3M’s diverse range of consumer products, from Post-it notes to Scotch tape. 

Additionally, a weaker U.S. dollar, which often accompanies rate cuts, can make 3M’s products more competitive in international markets, potentially boosting exports. 

3M recently exceeded Wall Street estimates for its second financial quarter and raised its guidance for operating margin and adjusted per-share earnings for the full year, further enhancing its attractiveness as a rate cut beneficiary.

As the Federal Reserve inches closer to potential interest rate cuts, investors should consider positioning their portfolios to benefit from this shift. By strategically investing in these companies, you can potentially enhance your portfolio’s performance in the coming months.

The post 4 stocks to buy before the Fed cuts interest rates in 2024 appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Bill Ackman aims for $2 billion in Pershing Square IPO, scaling back from initial $25 billion target
next post
Southwest Airlines’ move to end open-seating a strategic genius or a mistake?

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Tim Walz’s daughter ditches grad school, refuses to attend institution that doesn’t support ‘right to protest’

    March 31, 2025
  • Trump moves to broker Putin-Zelenskyy meeting following DC peace talks

    August 19, 2025
  • American citizen killed in Russian attack on Kyiv, State Department confirms

    June 17, 2025
  • Democrats plot coup to ‘save democracy,’ but what happens if they fail?

    July 20, 2024
  • Hirono ripped for ‘deranged’ opening confirmation hearing question to Burgum: ‘This lady has issues’

    January 16, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,498)
  • Investing (634)
  • Stock (941)

Latest Posts

  • Federal judge rules Trump appointee Alina Habba is unlawfully serving as US attorney

    August 21, 2025
  • President Trump teases ‘last day, but not really’ for Elon Musk at DOGE: Oval Office presser set for Friday

    May 30, 2025
  • Trump administration official physically assaulted at UNGA by ‘deranged leftist,’ White House says

    September 27, 2025

Recent Posts

  • Trump’s Tariffs: Canada, Mexico Pause, China Levies Continue

    February 4, 2025
  • Europeans meet with Iranian officials face-to-face for first time since Israel, US bombings as sanctions loom

    July 26, 2025
  • Citi upgrades Coinbase stock to Buy with $345 target: Is a 30% gain within reach?

    July 23, 2024

Editor’s Pick

  • Rubio breaks silence on leaked Signal chat: ‘Someone made a big mistake’

    March 26, 2025
  • Pentagon says ‘small number’ of North Korean troops in Russia’s Kursk region; Biden concerned

    October 30, 2024
  • Here’s why business leaders are spending big on Trump’s inaugural committee

    December 25, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock