Daily newspaper economy stock market chart

As the Fed prepares to hike up interest rates, investors are asking, which sectors are well situated to benefit? The financial sector will begin to see increased profit margins as they are able to charge borrowers more. Analysts are forecasting more than 30% increase over the next 12 months for Wells Fargo. Balance out your portfolio for rising interest rates with defined outcomes on these tickers: WFC, C, BAC

Did this answer your question?