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Three stocks that outperformed the market during the Fed's rate hike period

The Motley Fool +1 · ·by G4L

XOM ExxonMobil Holdings Corp
$164.47 -0.16%
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  1. 1Exxon Mobil recorded a return of over 80% in 2022.
  2. 2Merck's stock price rose 45% in 2022.
  3. 3Super Micro Computer's stock price surged nearly 87% in 2022.

So what's the key point?

In 2022, when interest rates were rising, the stock prices of Exxon Mobil, Merck, and Super Micro Computer rose significantly. This means these companies generated higher returns than the market.

Source The Motley Fool +1 · View original ↗

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