After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that should make borrowing more accessible for consumers. Fed Chair Jerome Powell described the reduction as “a risk-management cut” against the growing downside risks to employment. But with inflation still above the Fed’s 2% target – typically justification to raise rates or keep them steady – Powell acknowledged t ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 27th:Carvana (CVNA) : This company which is a leading e-commerce platform for buying and selling used cars, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.Carvana’s shares gained 36.2% over the last three month compared with the S&P 500’s decline of 0.9%. The company possesses a Momentum Score of A.Pan A ...