SVB crisis reveals how tough higher rates can be — but these 3 stocks are resilient, strategist says

Many companies will find a higher-interest-rate environment very difficult to operate in — as demonstrated by the Silicon Valley Bank crisis, according to Anthony Doyle, head of investment strategy at Firetrail Investments. He said investors should take heed and adopt an active stock-picking approach instead.

bank failure since the global financial crisis over a decade ago. SVB was a major bank for tech and venture-backed companies, which are under pressure due to higher interest rates. The U.S. Federal Reserve has hiked rates eight times in the past 12 months. Stock picks Doyle said he's cautious on tech right now, and his firm is underweight in that sector, but he identified three stocks in the space that he's bullish on.

Let’s remember jimcramer recommended SVB recently.

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