CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites.
Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years.
"Now that the Fed's started cutting rates with a bang, you need to think about what kind of stocks will work best in what I consider to be a new regime.
Our friends as CNBC Pro got you started with the ten stocks that've done best during the first three months after a rate cuts, going back to '84," he said.
"But when you go through their current circumstances, the only ones I can fully endorse are Apple, Target and Textron, in that order."
Persons:
CNBC's Jim Cramer, Cramer, –, Sarah Min
Organizations:
CNBC Pro, Apple, Target, Textron