These stocks have thrived during past rate-hiking cycles. Bank of America says buy them now
The bank said quality stocks should "continue to lead given the likelihood of more Fed hikes," while value stocks have a chance to accelerate as profits grow.
Overview
The bank said quality stocks should "continue to lead given the likelihood of more Fed hikes," while value stocks have a chance to accelerate as profits grow.
Source
Originally published at www.cnbc.com.
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