Here are Some Stocks to Own and to Avoid with Looming Interest Rate Hikes

Goldman Sachs does not expect interest rates to increase until December, but it is preparing its clients for the first rise in almost a decade. Goldman identified companies that will be least affected by the rate increase, and those that will be more affected. Some of the stocks that Goldman considers high-quality stock are Chipotle, Dollar Tree, Pepsi, Kinder Morgan, BlackRock, Google, Apple, Priceline, Oracle, and Wells Fargo. Moreover, Goldman recommends that investors avoid stocks that have a lot of floating- rate debt. Some companies that are known for this are Apple, eBay, MetLife, Coca-Cola, General Mills, Ford, McDonalds, General Motors, Time Warner, Chevron, Allergan, Johnson & Johnson, and Monsanto. 

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