5 Big Winners As Fed Keeps Rates Near Zero

Similarly, gold mining stocks are positioned to benefit in a low-interest-rate scenario. This is because low rates make fixed-income investments like bonds less alluring. Likewise, gold prices do increase on dovish expectations.

Thus, it shouldn’t be a bad proposition for investors to watch out for stocks that are well-poised to gain from a dovish Fed. Here’re five of them –

Middlesex Water Company (MSEX Quick Quote MSEX - Free Report) treats, stores, and distributes water for residential, commercial, industrial, and fire prevention purposes. The company currently has a Zacks Rank #3 (Hold). The company’s expected earnings growth rate for the current and next year is 4.6% and 6.1%, respectively.

MYR Group, Inc. (MYRG Quick Quote MYRG - Free Report) is a holding company of leading specialty contractors serving the electrical infrastructure market throughout the United States. The company currently has a Zacks Rank #2 (Buy). The company’s expected earnings growth rate for the current and next year is 4.6% and 13.2%, respectively.

California Water Service Group (CWT Quick Quote CWT - Free Report) is a publicly-traded water utility in the United States, providing high-quality utility services to millions of people in communities. The company currently has a Zacks Rank #2. The company’s expected earnings growth rate for the current quarter is a whopping 300%. 

Newmont Corporation (NEM Quick Quote NEM - Free Report) is one of the world’s largest producers of gold, with several active mines in Nevada, Peru, Australia, and Ghana. Newmont’s operating segments are North America, South America, Australia, and Africa. The North America segment has operations in the United States. The company currently has a Zacks Rank #3. The company’s expected earnings growth rate for the current and next year is 33.5% and 3.9%, respectively.

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