News Formal

Stocks to buy when the Fed starts cutting interest rates, according to Jefferies

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

United States News

Jerome Powell,Jpmorgan Chase & Co,Alphabet Inc

In the current market climate, investors should focus on value names backed by strong earnings momentum, the investment bank says.

Jefferies has a list of stocks for investors to buy once the Federal Reserve starts cutting interest rates, widely expected to begin at the next central bank's policy meeting in September. Investors anticipate the Fed will lower its benchmark borrowing rate at least a quarter percentage point next month, the first reduction in more than four years. That's helped major U.S. indexes to bounce back and tamp down market volatility since a sharp sell-off earlier in August.

The screen was also limited to "attractively valued" stocks with price-to-earnings ratios below 20 and backed by strong earnings revisions that were either flat or higher over the past three month. Take a look at a few of the names below: JPMorgan was one of the bank's soft-landing scenario winners. The largest bank in the country just wrapped up 10-day advance. JPMorgan shares have outperformed the market this year, climbing more than 26%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jefferies names 3 chip stocks to buy after the sell-off, giving all over 50% upsideEach of Jefferies chip stock picks have more than 50% upside.
Source: CNBC - 🏆 12. / 72 Read more »

2 HPC stocks downgraded at Jefferies today2 HPC stocks downgraded at Jefferies today
Source: Investingcom - 🏆 450. / 53 Read more »

These stocks with long track record of growing sales have a history of outperformance, Jefferies saysThese stocks have shown an ability to continue growing revenue at a strong rate.
Source: CNBC - 🏆 12. / 72 Read more »

These 2 Magnificent 7 stocks are top enterprise AI picks at JefferiesThese 2 Magnificent 7 stocks are top enterprise AI picks at Jefferies
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks start crashing: Will the Fed pivot or panic?It's no longer a question of whether the Federal Reserve will cut interest rates.
Source: FXStreetNews - 🏆 14. / 72 Read more »