Selasa, 30 Agustus 2022

Fed’s Inflation Fight Helps 97-Rated Regional Bank Stock

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Stock Power Ratings

Fed's Inflation Fight Helps 97-Rated Regional Bank Stock

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Matt Clark,
Research Analyst

Last week, Federal Reserve Chair Jerome Powell said there will be more interest rate hikes ahead to help battle inflation.

This means the interest collected on loans is going even higher from here.

That’s great news for certain regional banks that rely on interest for income.

Using Chief Investment Strategist Adam O’Dell’s proprietary six-factor Stock Power Ratings system, I found a “Strong Bullish” company:

  • It’s a full-service regional bank in Virginia and North Carolina.
  • The stock is just off its 52-week high and has solid upward momentum.
  • It rates 97 out of 100 on our Stock Power Ratings system.

Here’s why the regional bank stock I share with you today will climb higher from here.

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Market Turmoil Tips: Best Industries to Buy Now

Markets are a little shaky right now, but there are still industries to buy.

Chris, a Money & Markets reader, emailed us asking about trending sectors:

You mentioned finding opportunity in any market in one of your Ask Us Anything videos. Where should I be looking now?

I took the time to answer his question in our Ask Us Anything video last week, and I’ve updated the numbers to show you how these industries are doing now.

Click here to continue reading (with updated charts) now!

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Adam O’Dell, Charles Sizemore and I tackle your investing questions each week in our Ask Us Anything video series.

If you have a question about stocks, sectors or strategies, email us at Feedback@MoneyandMarkets.com. We might feature it in a future Ask Us Anything video!

Safe trading,
Matt Clark signature
Matt Clark
Research Analyst, Money & Markets

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