Here are 3 stocks to buy after the Fed's 'crisis level cut,' according to one strategist

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Energy Transfer LP ニュース

Amgen Inc,ASML Holding NV,Kenny Polcari

Slatestone Wealth's Kenny Polcari says 'people [are] scratching their heads, going, what's it really mean?' He shares what he's investing in right now.

The U.S. Federal Reserve's bumper 50-basis-point interest rate cut last Wednesday caught several market watchers by surprise , one chief market strategist said — sharing where and how he's investing in such an environment. The U.S. is "five weeks in front of what's a very chaotic presidential election ... and the Fed is never really supposed to make a move up or down in rates this close.

According to FactSet data, of the 20 analysts covering the stock, 18 give it a buy or overweight rating, while two have a hold rating. Analysts' average price target is $19.25, giving it nearly 19% potential upside. Biotech play Another stock Polcari is bullish on is biopharmaceutical player Amgen , given its pipeline of new products .

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock Market Today: Dow hits a fresh record high ahead of the key Fed meetingStock Market Today: Dow hits a fresh record high ahead of the key Fed meeting
ソース: Investingcom - 🏆 450. / 53 続きを読む »