5 Stocks to Buy as Interest Rates Begin to Fall
CCLCarnival (CCL) InvestorPlace·2024-04-10 03:38

In February, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon unloaded $150 million of his company’s stock – his first-ever sale. Shares of the bank had risen 70% since 2022, and valuations were beginning to look rich. He’s not the only one who seems worried. Last month, Morningstar analyst Sarah Hansen noted that banks no longer traded at a relative discount, calling them “not a sector-wide play,” a tongue-in-cheek way of saying “this sector stinks.” Essentially, that’s because interest rates are set to fall, whi ...