Jim Cramer: 'Don't freak out' about Fed rate-cut size, focus on stocks that benefit

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 72%

Investingclubsample Nyheter

Breaking News: Markets,Markets,Investment Strategy

'We're missing the forest from the trees,' Cramer said Monday.

CNBC's Jim Cramer said Monday that investors shouldn't panic over the size of the Federal Reserve's expected interest rate cut this week. Instead, they should focus on the stocks that will benefit from the easing monetary policy. The U.S. central bank is widely expected to start its rate-cutting cycle at the conclusion of its two-day September policy meeting on Wednesday. The size of the reduction, however, is still up for debate.

" Cramer pointed to homebuilding names like Home Depot and Stanley Blacker & Decker as beneficiaries of lower rates. That's because when borrowing costs go down, activity in the housing market picks up and can attract more customers to supplies that both of these companies offer. Year to date, shares of Stanley Black & Decker and Home Depot are up nearly 4% and 10%, respectively, but lag the S & P 500' s nearly 18% advance in 2024.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Jim Cramer's top 10 things to watch in the stock market MondayWall Street is headed for a higher open after a bruising first week of September.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer's top 10 things to watch in the stock market MondayThe S&P 500 enters the new week of trading less than 1% away from its all-time high set in July.
Källa: CNBC - 🏆 12. / 72 Läs mer »