3 Ultra-Cheap Stocks That Could Get a Boost From Fed Rate Cuts

These stocks are all trading at less than 12 times their estimated future earnings.The Federal Reserve started taking actions this month that are likely to lead to lower interest rates. It just announced a 50-basis-point reduction to the federal funds rate, and there could be more cuts coming before the end of the year, especially if the U.S. economy shows further signs of slowing. For investors, a rate-cutting environment could be an opportune time to buy stocks that could benefit from reduced rates. Three ...