investboy
2022-09-04

These stocks should weather the storm if rates continue rising.

Albemarle(ALB): Raised its 2022 guidance for the third time, driven by significant pricing increases from renegotiated lithium contracts.

Bank of America (BAC): Q2 net interest income jumped 22% year-over-year to $12.4 billion.

Charles Schwab (SCHW): Added 1 million new accounts during the second quarter.

CME(CME): The derivatives exchange is expected to benefit from rising interest rates due to increased hedging against market volatility.

Equinix(EQIX): The data center REIT reported record bookings, fueled by strong capacity demand.

Marathon Petroleum (MPC): Operating income from the Refining & Marketing segment skyrocketed to $7.1 billion.

T-Mobile (TMUS): Postpaid subscriber additions in Q2 surpassed the combined subscriber additions of its rivals in the 5G space.

Wall Street is searching for solid stocks to buy that could shield long-term portfolios from market volatility ahead of the anticipated interest rate hikes.

While inflation may have peaked in July, it remains well above the Federal Reserve’s (Fed) 2% target. So far in 2022, the central bank has already raised its overnight lending rate by 2.25%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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