3 AI Stocks to Buy Before the Next Fed Rate Decision
These AI infrastructure stocks could stay resilient even if rates stay higher.
Overview
The Federal Reserve just pulled off its first rate hike since 2023, nudging its benchmark rate up to a 3.75% to 4% target range at the Sept. 15–16 meeting.
The next decision comes at the Oct. 27–28 gathering, and investors now have a few weeks to position for whatever tone Chair Kevin Warsh strikes on inflation and growth. If the Fed leans tougher again, durable growth stories tied to long-lived spending plans become more valuable.
Details
Artificial intelligence fits that description, and three AI infrastructure names stand out as buys before that next decision.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.