Goldman: Here's how to play rising interest rates

A central bank tug of war in 2015?

Investors will be spending much time in 2015 trying to figure out how to play rising interest rates.

According to Goldman Sachs strategists, the answer is fairly simple: Bet on companies that don't see so much turnover in their shares.

Stocks that are held for longer duration in portfolios tend to outperform the broader market when monetary policy tightens, according to a Goldman analysis that peers ahead into an environment likely punctuated by higher volatility as the Federal Reserve comes off its ultra-easy measures.