There's an old saying in the stock market: "Don't fight the Fed." It essentially means that when the Federal Reserve is raising interest rates, stock prices will struggle, and when the Fed is cutting rates, stocks will do well.

Long-term investors would be well-advised to avoid attempting to time the market. However, there are some stocks that will be, at worst, insensitive to higher interest rates and, at best, will even benefit from them. Let's look at three of these top stocks.

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Source Fool.com