What's the Best "Magnificent Seven" Stock to Buy With the Fed Cutting Rates?
AMZNAmazon(AMZN) The Motley Fool·2024-10-04 17:43

The Federal Reserve's moves are magnificent for all seven of these giants but are better for some than others.Interest rates are at long last coming down as the Federal Reserve announced a significant 0.5% rate cut in September. More reductions in the interest rate are likely on the way.Lower rates are usually viewed as good news for smaller businesses. However, they benefit huge corporations, too, including the market-leading group known as the "Magnificent Seven" stocks. What's the best Magnificent Seven ...