1 Growth Stock Down 56% to Buy Right Now

With the market back in fine bull form, it's getting harder to find top stocks on the dip. The S&P 500 is up 10% year to date, and it got an extra boost last week when Federal Reserve chairman Jerome Powell hinted that interest rates would get a cut at the Fed's September meeting.Lower interest rates mean many good things for the markets. They stimulate the economy, leading to more money changing hands and more products being sold.Specifically, they could be an excellent benefit for cruise king Carnival (NYSE: CCL)(NYSE: CUK), and Carnival stock jumped 7% on the news. It's climbing this year, but it's still 56% off of its all-time highs.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool