Interest rates are surging with the benchmark U.S. 10-year Treasury note yield hitting levels not seen in several years on Wednesday.
If rates keep rising over the next three months, buying shares of Dow Jones Industrial Average stocks Goldman Sachs, Microsoft, Visa and Apple could be profitable trades.
Those four stocks returned more than 11 percent on average during three-month periods when rates were surging, according to the Kensho data.
Rising rates usually coincide with periods of booming economic growth, which is beneficial for financial and technology companies.
Disclosure: NBCUniversal was a minority investor in Kensho prior to the firm being acquired by S&P.