4 High-Interest Coverage Stocks Set to Shine After Fed's Rate Cut
Key Takeaways The Fed cut rates by 0.25 points, sparking optimism for growth and corporate earnings.Stride, Ralph Lauren, Encompass Health and Progressive show strong interest coverage.All four stocks combine solid VGM Scores with strong Zacks Ranks for added upside potential.The U.S. stock market cheered the Federal Reserve’s move toward a more accommodative monetary policy. The central bank lowered its benchmark interest rate by a quarter percentage point to a 4-4.25% range, citing the need to boost growt ...