Fed Cuts Rates: Cramer's Top Stock Picks

The Federal Reserves recent interest rate cut, the third this year, signals a supportive stock market environment, according to financial expert Jim Cramer. He recommends investing in sectors like homebuilding, transportation, and industrials, including companies like Toll Brothers, Home Depot, J.B. Hunt, FedEx, Union Pacific, Norfolk Southern, Caterpillar, Cummins, and Palantir. Investors reacted positively to the news, with major stock averages climbing, reflecting optimism about continued easing from the Fed.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.