Here is How a Tightening Cycle Bodes Well For PNC Financial (PNC)

We just published a list of 10 Best Stocks to Buy for a Rising Interest Rate Environment, and PNC Financial Services Group Inc. (NYSE:PNC) ranked 7th on this list.

After a prolonged run of easing speculation, the interest rate outlook has taken a shift. Back in September, the Federal Reserve increased rates by 25 basis points, and economists are now anticipating another rate hike in December, according to a recent Reuters poll. Bond markets have already reacted to yield curve changes, as the...