Potential Stock Surge: 2 Companies to Watch if Interest Rates Drop

Reported 27 days ago

As the Federal Reserve is poised to cut interest rates this month, stocks like Opendoor Technologies and Home Depot are expected to rebound significantly. Opendoor, which has faced challenges due to high mortgage rates, could see growth as housing activity increases. Meanwhile, Home Depot, a solid performer with a strong dividend, is well-positioned to benefit from a more favorable economic environment. Both companies stand to gain from renewed consumer spending and improved market conditions.

Source: YAHOO

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