These 3 Stocks Can Win the High-Interest-Rate War
Federal Reserve Chairman Jerome Powell continues to communicate that the Fed plans to keep interest rates elevated until inflation stabilizes around its 2% annual target. Higher rates often drive lower stock markets, making it tough to find investments that look capable of thriving in what may very well be an extended period of higher-cost borrowing.
Still, the best companies out there are able to thrive, even when money gets more expensive. With that in mind, three Motley Fool contributors went looking for businesses that look capable of winning in a period of higher interest rates. They picked JPMorgan Chase (NYSE: JPM), Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), and Upstart (NASDAQ: UPST). Read on to find out why, and decide for yourself whether one or more of them deserve a spot in your portfolio to help you fight through these higher-interest-rate times.
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Source Fool.com
JPMorgan Chase & Co. Stock
With 26 Buy predictions and 1 Sell predictions JPMorgan Chase & Co. is one of the favorites of our community.
As a result the target price of 257 € shows a slightly positive potential of 11.98% compared to the current price of 229.5 € for JPMorgan Chase & Co..
