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-0.000744121440619137 -0.0055561067566227 -0.00337335053080666 -0.00684591725369578 -0.00496080960412739 -0.0136422264113503 -0.00783807917452134 -0.0167675364619506
Stock impact report

5 Top Growth Stocks to Buy as Fear of Recession Ebbs [Yahoo! Finance]

American Woodmark Corporation (AMWD) 
Last american woodmark corporation earnings: 2/25 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.americanwoodmark.com
Company Research Source: Yahoo! Finance
Despite the Federal Reserve's aggressive tightening measures to curb inflationary pressure, the economy accelerated at an annualized pace of 3.3% in the final quarter of 2023 and expanded 2.5% last year. The economy is now well-poised to trounce recession concerns this year as well and chug along. The Federal Open Market Committee, in its latest policy meeting, kept the benchmark overnight borrowing rate unchanged and reiterated three quarter-percentage-point interest rate cuts by the end of this year. This would mean the first interest rate cuts since the beginning of the Covid-19 pandemic in March 2020. Now, interest rate cuts are a blessing in disguise for economic growth. After all, it helps in increasing consumer outlays and reduces the cost of borrowing. Talking about consumer spending, American shoppers did open up their wallets in recent times despite sticky inflation and dwindling pandemic savings. Consumers remained resilient, banking on strength in the labor market, a t Show less Read more
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