Rate Hike Ahead? These Stocks Are Still Worth Buying

The Federal Reserve's next move is uncertain, but investors can prepare by knowing which stocks are likely to perform well regardless of rate hikes. The CME Group's FedWatch estimates a 58% chance of a rate hike in October.

UnitedHealth Group (NYSE: UNH) is one such stock that would benefit from rising rates. Its turnaround appears to be genuine, with the company's earnings jumping 54% year over year in Q2 2026. Management raised full-year guidance due to an improving outlook.

JPMorgan Chase (NYSE: JPM), the world's largest bank by market cap, would also benefit from higher rates as they boost net interest income. The company's net investment income totaled $25.6 billion in Q2, up 10% year over year.

Chevron (NYSE: CVX) is another oil stock that has been performing well due to sustained high fuel prices. Its business would likely be booming if the Fed raises rates in October.