3 Stocks I'd Buy If The Feds Hike Rates

Markets have almost fully priced a 25 bp interest rate hike by the U.S. Fed, while a second 25 bp hike later this year carries a 50% implied probability. U.S. equities, with some exceptions, remain attractive as markets have largely priced in a rate hike and potential further tightening, minimizing near-term policy surprise risk.