Fortress Stocks: Safeguarding Portfolios During Market Volatility

In a recent global market sell-off that shook Wall Street, investors have been seeking ways to stabilize their portfolios in the midst of heightened volatility. The fear gauge, also known as the Cboe Volatility Index (VIX), soared to its highest level since 2020, indicating widespread uncertainty among traders.

However, there are a few stocks that may offer some respite during these turbulent times. At Extreme Investor Network, we have used our expertise and Stock Screener Tool to identify S&P 500 companies that meet specific criteria, including low volatility, strong earnings growth, and a consensus buy rating from analysts.

One such stock that made our list is Coterra Energy, a hydrocarbon exploration firm with a beta of 0.23 – the lowest on our list of selected stocks. Despite a 7% decline in share price this year, analysts project nearly 45% upside for Coterra Energy, making it an attractive option for investors. With a dividend yield of 3.4% and production exceeding expectations, Coterra Energy demonstrates resilience in uncertain market conditions.

Related:  CRWD, PLUG, CMA, and other Stocks to Watch

Another standout stock is Microsoft, which has seen a more than 7% increase in share price in 2024. Analysts anticipate nearly 26% upside for the tech giant, pointing to potential benefits from its artificial intelligence investments. Despite a recent pullback in shares, major Wall Street firms view this as a buying opportunity for investors looking to capitalize on Microsoft’s long-term growth prospects.

Beyond these two companies, our Stock Screener Tool also highlighted Deere and Omnicom Group as potential candidates for investors seeking stability in their portfolios during volatile market conditions.

At Extreme Investor Network, we are committed to providing valuable insights and recommendations to help investors navigate uncertain market environments. By leveraging our specialized tools and expertise, investors can make informed decisions to safeguard and grow their portfolios in the face of market turbulence. Visit our website for more expert analysis and recommendations tailored to your investment needs.

Related:  Cramer highlights positive aspects of Monday's market rebound but cautions against expecting sustained growth

Source link