1 Super Stock Down 93% to Buy Before the Fed Cuts Interest Rates

Don't be put off by this stock's dismal performance lately -- now could be the best time to buy it with interest rate cuts on the horizon. The housing market has been a big casualty of that policy shift. Rising interest rates can reduce the borrowing capacity of the average homebuyer, which often leads to fewer sales. In fact, U.S. existing home sales came in at an annualized rate of 4.1 million units in May, which is 38% below the 2021 peak of 6.6 million units, when interest rates were sitting at record l ...