2 Stocks Down 77% and 19% to Buy Right Now
Despite some significant bouts of volatility over the last year, the broader market has enjoyed a strong rally over that stretch. As of this writing, the S&P 500 (SNPINDEX: ^GSPC) has delivered a total return of 10.5% over the last 12 months. Indications that inflation might be moderating and hopes that interest rates will come down have played a big role in the gains. Even more than businesses in other sectors, the outlook for financial companies hinges heavily on macroeconomic conditions and the Federal Reserve's approach to interest rate policy.With that in mind, read on to see why two Fool.com contributing analysts identified these discounted stocks as top ways to play different potential outcomes on the interest rate front.Continue reading
Despite some significant bouts of volatility over the last year, the broader market has enjoyed a strong rally over that stretch. As of this writing, the S&P 500 (SNPINDEX: ^GSPC) has delivered a total return of 10.5% over the last 12 months. Indications that inflation might be moderating and hopes that interest rates will come down have played a big role in the gains.
Even more than businesses in other sectors, the outlook for financial companies hinges heavily on macroeconomic conditions and the Federal Reserve's approach to interest rate policy.
With that in mind, read on to see why two Fool.com contributing analysts identified these discounted stocks as top ways to play different potential outcomes on the interest rate front.
