LSE:0KDIMachinery
Ørsted Stock And 2 Large Cap Value Plays For Higher Rates
With the Federal Reserve keeping rates at 3.50%-3.75% and signaling a “higher for longer” path, many growth-driven stories have lost some of their shine while solid value stocks have come back into focus. Higher borrowing costs and sticky inflation can reward companies that already trade on lower P/E and P/B ratios, generate cash today, and sit in essential parts of the economy. This article highlights 3 large-cap value stocks from our screener that are closely exposed to the latest Fed...