3 Potential Takeover Targets to Buy Now: August 2024

Lower interest rates make it easier for firms to carry out acquisitions. That’s because the lower rates enable them to borrow the funds they need to make big deals much more cheaply. After the number of net new jobs added by the economy in July came in well below economists’ average estimate, 100% of economists surveyed expect the Federal Reserve to slash its benchmark rate by one-half of a percentage point in September. Roughly 60% expect the central bank to reduce the rate by another half of a percentage ...