Thanks to the rising interest rate environment, financial stocks are in a sweet spot as rising interest rates help financial companies, primarily banks, and insurers, expand their top line. However, not all financial stocks are well-positioned to benefit from the rising interest rates.
To that end, it could be wise for investors to avoid financial stocks BRP Group, Inc. (BRP), Marathon Digital Holdings, Inc. (MARA), and Digital World Acquisition Corp. (DWAC).
