Stocks to Watch: Las Vegas Sands, EQT, and more...

Stocks benefiting from higher interest rates (1/2)

Inside.com Part of   Network March 11, 2023

Hey Insiders,  This week, Federal Reserve Chair Jerome Powell gave testimony to congress that caused investors to believe that the Federal Reserve will employ a more aggressive monetary policy strategy in the coming months than anticipated. Traders are now predicting a greater than 70% chance that this month will see a 0.50% increase in interest rates.  Given this projected shift in U.S. monetary policy, let's look at stocks that have been performing well since March 15, 2022, when the U.S. began implementing its current monetary policy. These stocks could most benefit from a continuation of this aggressive approach. Onward and Upward,  Liam

Stock to Watch: Las Vegas Sands (NYSE: LVS) Las Vegas Sands is a Consumer Services stock.  Since March 15, 2022, the stock has gained more than 81%.  74% of Wall Street analysts recommend that their clients invest in Las Vegas Sands.  On average, Wall Street analysts believe the stock will rise by 10.4% in the next 12 months.

Stock to Watch: EQT Corporation (NYSE: EQT) EQT Corporation is an Energy stock.  Since March 15, 2022, the stock has gained 29%.  71% of Wall Street analysts recommend that their clients invest in EQT.  On average, Wall Street analysts believe the stock will rise by 46.1% in the next 12 months.

Stock to Watch: EPAM Systems (NYSE: EPAM) EPAM Systems is a Technology stock.  Since March 15, 2022, the stock has gained 36%.  77% of Wall Street analysts recommend that their clients invest in EPAM Systems.  On average, Wall Street analysts believe the stock will rise by 33.9% in the next 12 months.

Stock to Watch: Delta Air Lines (NYSE: DAL) Delta Air Lines is an Industrials stock (per RBICS).  Since March 15, 2022, the stock has gained 12.1%.  85.7% of Wall Street analysts recommend that their clients invest in Delta.  On average, Wall Street analysts believe the stock will rise by 31.0% in the next 12 months.

Stock to Watch: Targa Resources (NYSE: TRGP) Targa Resources is an Energy stock.  Since March 15, 2022, the stock has gained 19%.  86% of Wall Street analysts recommend that their clients invest in Targa Resources.  On average, Wall Street analysts believe the stock will rise by 26.6% in the next 12 months.

Stock to Watch: Diamondback Energy (NASDAQ: FANG) Diamondback Energy is an Energy stock.  Since March 15, 2022, the stock has gained 14.6%.  75.0% of Wall Street analysts recommend that their clients invest in Diamondback Energy.  On average, Wall Street analysts believe the stock will rise by 25.1% in the next 12 months.

Stock to Watch: Monolithic Power Systems (NASDAQ: MPWR) Monolithic Power Systems is a Technology stock.  Since March 15, 2022, the stock has gained 16.8%.  80.0% of Wall Street analysts recommend that their clients invest in Monolithic Power Systems.  On average, Wall Street analysts believe the stock will rise by 12.1% in the next 12 months.

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Liam Gill is a lawyer who grew his tech startup to $35M.  Providing legal information to help entrepreneurs analyze legal issues like a lawyer and building AI-powered legal software to reduce legal costs. If you are an entrepreneur, let's connect on Twitter. Editor Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords.

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