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The Fed is expected to cut rates next week. These three stocks should benefit from lower rates.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss why lower interest rates should be good for Redfin (RDFN), Opendoor Technologies (OPEN -12.39%), and eXp World Holdings (EXPI 0.27%).
*Stock prices used were from the morning of Sept. 10, 2024. The video was published on Sept. 13, 2024.
Jason Hall is a contributing Stock Market Analyst at The Motley Fool and has been with the company since 2012. Prior to that, Jason spent more than a decade in a technical sales role in the printing and information services industry. He also founded and operated a small food manufacturing business for many years. Fun fact: Jason has backpacked on three continents and scuba dived in over 100 locations around the world, but his favorite place to be found is on a baseball or soccer field, coaching or cheering on his son.
Jason Hall has positions in Redfin and has the following options: short September 2024 $11.50 calls on Redfin. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Opendoor Technologies and Redfin. The Motley Fool recommends the following options: short November 2024 $13 calls on Redfin. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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