This firm operates bank branches in the Gulf Coast region, with more than 230 locations in the states of Florida, Alabama, Mississippi, Louisiana, and Texas, and its headquarters in Gulfport, Mississippi. We’ll start with a bank holding company, Hancock Whitney. Let’s find out just what about them has caught the analysts’ attention.
These are Strong Buy tickers, according to the analyst community, and both offer double-digit upside potential. Using TipRanks’ database, we pinpointed two such stocks. It appears that investors are in the process of pricing in that stance, and expectations are that the Fed will institute another 0.75% rate hike later this month.īut while markets generally are feeling pain, investors can still find individual stocks that are set to potentially benefit from today’s environment of rising interest rates – and Wall Street’s stock pros are already picking out these potential winners. The central bank head made it clear in his comments that he’ll continue pushing interest rates up in an effort to combat inflation, which is currently running at 8.5% annually. Since Federal Reserve Chairman Jerome Powell spoke at the Jackson Hole symposium last month, markets have been slipping – and largely in response to his comments.
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