7 Stocks That Win When the Fed Hikes Interest Rates As the saying goes, past is not prologue. That simply means that what happened in the past doesn’t fully predict what will occur in the future. But when it comes to the stock market, there’s strong data to suggest that when the Fed hikes interest rates, certain sectors fare much better than others. Therefore, investors would be wise to focus on those sectors when picking stocks to buy. The data, compiled by Charles Schwab , indicates that six sectors , including communication services, energy, financials, healthcare, information technology, and utilities, outperform the stock market following rate hikes. So one strategy would simply be to find strong performers from each of those sectors and buy the shares of those stocks. I’ll identify such stocks in this column. CTRA Coterra Energy $30.20 MSFT Microsoft $290.50 V Visa $214.90 MA Mastercard $357.07 JNJ Johnson Johnson $166.30 TMUS T-Mobile US $146.23 DUK Duke Energy $112.35 Coterra Energy (CTRA) Source: zhengzaishuru | Shutterstock.