Test 3- Stocks to keep on your watchlist following the first Fed Rate Cut

According to data from PinPoint Macro Analytics, since 1973, the S&P 500 index has returned 4.9% on average in the following 12 months after the initial interest rate cut.

Out of the 12 sectors analysed, based on average performance relative to the broader market (following 12 months after the first cut), only 4 sectors have generated a positive return.

The four sectors are:

• Consumer Non-Cyclicals (+7.7%)
• Consumer Cyclicals (+7%)
• Technology (+5.2%)
• Healthcare (+4.5%)

Hence, Minipip has examined each of the above sectors and narrowed down potential opportunities for the next 12 months within each sector. The past is no guarantee of the future and there are many factors that should be considered when investing.

The stocks listed below are not to be taken as financial advice, but simply Minipip’s watchlist using our own analysis tools for the next 12 months.  

Consumer Cyclicals:

• Amazon
• Crown Holdings
• DraftKings
• Home Depot
• Lowe’s Cos
• Ulta Beauty