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Acuity Brands stock: A good play on falling rates
AYIAcuity Brands(AYI) MarketBeat·2024-01-09 13:46

Key PointsAcuity Brands shoots higher on mixed results that include better-than-expected margins. The analysts forecast a return to growth by the end of the year, with growth persisting into 2025. The dividend is small but offset by robust share repurchases that should continue through 2025. 5 stocks we like better than Acuity BrandsWith the FOMC on track to cut rates in the back half of the year and the average 30-year rate already below 7.5%, the building market will stabilize and return to growth, which ...