Here's a stock-buying strategy now that rates are lower again

A girl drinks ice coffee in a Starbucks coffee shop in Tianjin, China.
Zhang Peng | LightRocket | Getty Images

The low interest rate environment could be an opportunity for investors, as companies buy back their stocks using cheap debt and later return capital to their shareholders, according to Wells Fargo Securities.

More In Pro Insight

CNBC ProSingapore's largest bank picks 3 airlines to buy — one with 'the cheapest recovery play'
CNBC ProOdds are against gains in August, but the stock market could win out
CNBC ProHere are JPMorgan's top stock picks for August