Whether you're new to investing or you've been at it for decades, 2022 has been a rotten year. Soaring interest rates are increasing the costs of capital, which could be a huge problem for companies that rely on a steady influx of capital to fuel growth.

At times like these, investors need to remember that not all growth stocks are created equal. These well-run businesses are already generating sustainable profits. With an ability to grow under their own steam, rising interest rates aren't nearly as important to their long-term prospects.

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Source Fool.com