Jim Cramer urges long-term investment in Apple, cites Fed rate cut benefits, and recommends Textron amid economic shift.
Jim Cramer, host of CNBC's "Mad Money," advocated for long-term investment in Apple Inc. and highlighted the positive impact of the Federal Reserve's recent half-point rate cut. He noted the stock market's surge following the cut and emphasized that lower mortgage rates could enhance housing affordability. Cramer identified several promising stocks, including Textron Inc., amid this economic shift, suggesting that investors should focus on potential winners rather than succumbing to panic.
September 23, 2024
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