TotalEnergies suggested as potential buy at 52-week lows amid market volatility and Fed rate cuts.
TotalEnergies SE (TTE) is highlighted as a blue-chip stock to consider buying at its 52-week lows amid current market volatility. As the Federal Reserve cuts interest rates to avert a recession, large-cap stocks like TotalEnergies are viewed as potential investment opportunities. The article suggests that the fourth quarter could yield strong market recoveries, but cautions investors about uncertainties surrounding the upcoming U.S. presidential election.
October 06, 2024
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