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These stocks have thrived during past rate-hiking cycles. Bank of America says buy them now

Source: CNBC

Monetary PolicyInterest Rates & YieldsMarket Technicals & FlowsInvestor Sentiment & Positioning

A bank said quality equities should continue to outperform as further Federal Reserve rate hikes remain likely. It added that value stocks could accelerate if corporate profits improve, presenting a conditional upside case for value-oriented investors.

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