Oct. 30 at 12:55 PM
Fed cuts rates, but market rally fizzles — what's next for defensive plays? 📉
The Fed’s 25 bps rate cut aimed at supporting the labor market failed to lift investor sentiment, leaving markets volatile. In this climate, low-beta defensive stocks like Atmos Energy (
$ATO), CenterPoint Energy (
$CNP), Duke Energy (
$DUK), and Service Corp. International (
$SCI), all Zacks Rank #2, offer upside potential.
Discover the defensive strategy here 👉 https://www.zacks.com/stock/news/2781241/buy-4-low-beta-defensive-stocks-despite-federal-reserves-rate-cut?cid=sm-stocktwits-2-2781241-body-18467&ADID=SYND_STOCKTWITS_TWEET_2_2781241_BODY_18467