Stockchase Opinions

Jim Cramer - Mad Money Ferguson FERG-N BUY ON WEAKNESS Aug 12, 2024

Will benefit from lower interest rates, and it's done better since moving from the London Stock Exchange to Wall Street. It has doubled since October 2022. Recently, it's come down for no reason, so now is a buying opportunity. They deal in building products (heating, ventilation, plumbing).

$195.830

Stock price when the opinion was issued

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A major distributor of North American plumbing, heating and infrastructure products. Since June 2022, shares have more than doubled. Since reporting a miss last months, shares slid, but have since recovered to make new 52-week highs. Up 16% this year.

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Are levered directly to interest rates, perfect at a time when the Fed is about to ease rates. They report Tuesday.