3 High-Growth Stocks for Rising Interest Rates
Interest rates are rising, giving lift to virtually every financial stock in 2017. But investors are especially bullish on a few choice stocks, sending shares of Charles Schwab (NYSE: SCHW), SVB Financial (NASDAQ: SIVB), and Western Alliance Bancorporation (NYSE: WAL) to new all-time highs in 2017.
Here's what investors love about these three companies, and the risks that could spoil their recent rallies.
Most people may think of Charles Schwab as a brokerage firm and asset manager, but banking and bank-like activities generate roughly half of its net revenue. As rates rise, the bank will only become more important to the company's top and bottom line, and bulls have taken notice.
Source: Fool.com
Western Alliance Bancorporation Stock
€72.00
0.700%
The stock is one of the favorites of our community with 31 Buy predictions and 2 Sell predictions.
With a target price of 81 € there is a slightly positive potential of 12.5% for Western Alliance Bancorporation compared to the current price of 72.0 €.
