The Fed Just Lowered Interest Rates. This Oil Stock Is a Buy Now.

ConocoPhillips' dividend will look even better in a low interest rate environment.On Sept. 18, the Federal Reserve lowered the target range for the federal funds rate by a half-percentage point, marking the first rate cut in more than four years.Lower interest rates can spur capital investment, lower the unemployment rate, and help accelerate economic growth. However, rate cuts have been followed by mixed results in the stock market -- with gains generally occurring when recessions are avoided.The ripple ef ...