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Another Rate Hike! 7 Stocks To Buy Following The Fed’s Latest Move

In a not exactly unexpected development, the Federal Reserve last week announced that it raised its key interest rate by a quarter percentage point, which then inherently bolsters the case for stocks to buy after a rate hike.

For one thing, a Bloomberg report noted that the central bank left the door open for more rate hikes. This framework too isn’t all that surprising. While recent data suggests that inflation may be trending in the right direction (as in downward), the Fed targets a 2% inflation rate. We are well off from that key level, meaning that investors should consider rate hike-resistant stocks.

With that, here are stocks to invest in a post-rate hike.

This post appeared on Dynamic Wealth Report.