The Fed Just Raised Interest Rates Again: That's Great for These 2 Stocks
Rising interest rates are generally not great for stocks. Better bond yields make stocks less attractive, and higher rates make capital more expensive. But there are some companies set to profit from rising rates, and worth buying now. In this video, Motley Fool contributors Jason Hall and Jeff Santoro explain why that's the case for Lowe's Companies (NYSE: LOW) and Live Oak Bancshares (NYSE: LOB).
*Stock prices used were from the afternoon of March 23, 2023. The video was published on March 24, 2023.
Source Fool.com
