that's a decent tactic, tho remember that many of those "royal" stocks have tons of carry trade debt, including AAPL.
AAPL still has billions in cash reserves,
but those could evaporate quickly if it needs to pay off its debt on the rate rise.
and how would that affect its valuation glow?
when the house of cards does collapse, those stocks will not be immune, and might fall harder than smaller companies with less leveraged debt.