Goldman Sachs just got bullish on these 5 growth stocks for 2022 — if you’re concerned about rising interest rates, they could be a portfolio saver

Goldman Sachs just got bullish on these 5 growth stocks for 2022 — if you’re concerned about rising interest rates, they could be a portfolio saver

Rising interest rates are typically a threat to the stock market, but not all stocks are created equal.

According to investment banking giant Goldman Sachs, one type of stock should continue to perform well next year as rates rise: highly profitable growth stocks.

“Growth stocks with high profit margins outperformed unprofitable growth stocks when real rates jumped in 1Q 2021,” writes the bank’s chief U.S. equity strategist, David Kostin, in a letter to investors. “Profitable stocks should remain resilient if rates rise in 2022.”