As the Federal Reserve prepares to announce its interest rate decision on September 18th, investors are keenly watching for any signs of how the MAG7 stocks might respond.
Historical data from the last Fed rate cut cycle in 2019, as illustrated in the provided image, can offer some insights.
The data also highlights the performance of these stocks in the periods following the first, second, and third rate cuts, with some stocks showing impressive gains, such as $Tesla Motors(TSLA)$ with a surge of +169.26%.
Given this historical context, it's natural for investors to speculate on the potential impact of the upcoming rate decision on these tech giants. While past performance is not indicative of future results, it's a useful reference point.
Question for you:
Among the MAG7 stocks, which one are you most optimistic about in the context of the upcoming Federal Reserve rate decision, and why?
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