3 Rate-Sensitive Stocks Offering Up to 31% Upside as Fed Kicks Off Easing Cycle

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Kroger Company News

Franklin Resources Inc,Textron Inc

Stocks Analysis by Investing.com (David Wagner) covering: Kroger Company, Franklin Resources Inc, Textron Inc. Read Investing.com (David Wagner)'s latest article on Investing.com

Some stocks have historically benefited during the early stages of the rate-cutting cycle.a widely expected 50 basis point cut on Wednesday, aligning with investor expectations based on CME's FedWatch tool, which had assigned a 65% probability to the move.show a 29% chance of another 50 basis point cut in November, while a 71% likelihood points to a smaller, 25 basis point reduction.

From the top 10 performers, we selected three with the most potential, according to InvestingPro Fair Value. Now, InvestingPro's Fair Value values the stock at $26.76, suggesting that it has a potential upside of over 31% from Wednesday's closing price.Last week, the company published better-than-expected quarterly results that led to a rally in its share price, and this trend could well continue.) is a multi-sector company that leverages its global network of aerospace, defense, industrial, and financial companies to provide its customers with a variety of solutions and services.

 

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