Home Depot Inc (NYSE: HD ), Johnson & Johnson (NYSE: JNJ ) and Wells Fargo & Co (NYSE: WFC ) are three such stocks to buy to beat inflation. Stocks to Buy to Beat Inflation: Wells Fargo (WFC) Financials are another sector of stocks to buy that will reap the rewards of higher inflation rates. Unlike many other big banks, WFC makes the majority of its money through consumer banking rather than investment banking, so the firm will be a huge beneficiary in a rising inflation scenario.