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Stock impact report

Is Crane NXT, Co. (CXT) The Best Beaten Down Stock to Buy According to Analysts? [Yahoo! Finance]

Crane Holdings, Co. (CR) 
Last crane holdings, co. earnings: 4/27 05:01 pm Check Earnings Report
US:NYSE Investor Relations: ir.craneco.com
Company Research Source: Yahoo! Finance
In this article, we are going to take a look at where Crane NXT, Co. (NYSE:CXT) stands against other best beaten down stocks to buy according to analysts. JPMorgan released a market update where it highlighted the US Fed's recent decision to keep the rates unchanged. Also, the US Fed decreased the growth forecasts and increased the near-term inflation expectations. The futures markets are pricing 2 interest rate cuts this year and a ~50% chance of the third cut. Jose Torres, Senior Economist at Interactive Brokers, believes that stocks are being impacted as slowdown worries continue to pressure the outlook for broader corporate earnings growth. According to him, investors continue to pile up shares in the defensive consumer staple, utilities, and Read more
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