LIVE UPDATES | CONCLUDED Stock Market Today, Dec. 13, 2023: Indexes Finish Higher After Fed Signals Rate Cuts in 2024 Last Updated: Dec 13, 2023, 6:13 PM EST Dec. 13, 2023 at 6:30 AM ...

Dziubinski: All right. Well, it’s time for the picks portion of our program. This week, you’ve brought viewers for undervalued stocks to buy as the Fed begins to ease monetary policy.

Based on management's plans, investors can expect the company to prioritize buybacks and gradual increases to the ordinary dividend. A 2.8% dividend yield isn't necessarily high-yield territory.