The latest action brought the federal funds rate -- the interest that banks charge each other -- down to 2.25 percent, the lowest point since late 2004.
This action signals that the Fed will stand by to act whenever is needed to stir the capital markets to the right path.
Let's revisit the stocks posted on January 26, after Barron's gave them thumbs up.
Stock today then
MO 70.95 73.95
BA 76.28 77.03
CBS 22.35 23.88
CB 49.92 48.27
COP 77.93 74.13
CMI 50.47 49.02
DIS 31.46 28.68
FCX 98.08 84.22
GE 35.80 34.00
MOT 9.67 10.73
So, if Barron's is right, than some of these stocks are still good to buy today.
With the exception of Freeport-McMoran, the rest of the pack trades around the level
seen almost two months ago.
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