Ford Motor Company (NYSE:F) is 118 years old, but it's far from a stodgy automaker. CEO Jim Farley took on his leadership role in October 2020 and has placed electric vehicles (EVs) at the heart of the company's growth strategy Banks tend to generate higher profits as interest rates rise since the spread between the cost of the interest they pay to depositors and the interest they earn on the loans they issue widens. Bank of America (NYSE:BAC) is particularly well-positioned to benefit from rising rates. As inflation rears its ugly head, consumers are likely to shift their spending habits. A broadscale increase in the prices of goods and services will drive shoppers to search for ways to cut costs. That plays right into Walmart's (NYSE:WMT) wheelhouse. If you're looking for a stock that will allow you to sleep well at night, look no further than Waste Management (NYSE:WM). If you're looking to add a powerful growth component to your portfolio, consider Apple (NASDAQ:AAPL).
Source: Motley Fool
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