- Financials make a significant amount of money from interest, so naturally, they seem like an inflation-hedge, which is not always the case.
- Inflation hit a 40-year high of 8.5% in March. While equities generally perform poorly in rising rate environments, financials that generate revenue streams from multiple sources tend to fare well.
- By focusing on diversified financials and those with multi-sector holdings and using Seeking Alpha’s Grading System, you can see why these 3 financial picks make strong buys.
For further details see:
3 Best Financial And Bank Stocks To Inflation-Proof Your Portfolio