5 Broker-Loved Stocks to Watch as Easing Inflation Lifts Rate Cut Bets
ALGTAllegiant Travel(ALGT) ZACKS·2024-09-05 22:11

It is a well-documented fact that inflation in the United States has been cooling over the past few months. The favorable inflation readings have made market watchers hopeful of a rate cut soon. Lower interest rates bring down borrowing costs, boosting economic growth. Healthy economic data released recently also bode well.To take advantage of this brightening picture, investors are advised to have broker-favored stocks like AdvanSix (ASIX) , Allegiant Travel Company (ALGT) , CVR Energy (CVI) , Warner Bros. ...