Welcome to Extreme Investor Network, where we provide unique and valuable insights for investors looking to navigate the market landscape. September is historically known as a volatile month for stocks, and with the backdrop of the 2024 election, investors may be in for further uncertainty ahead.
In times of market turbulence, it’s crucial to identify stocks that can weather the storm. That’s why we’ve screened for stocks that meet specific criteria to potentially ride out an uneasy fall. These criteria include a beta below 1, indicating low volatility, year-to-date share price performance exceeding 13%, and analyst price targets implying at least 10% upside.
One standout stock that made our list is Eli Lilly. With shares up approximately 55% in 2024, analysts forecast nearly 11% additional upside for the pharmaceutical company. Eli Lilly boasts a low beta of around 0.44 and recently reported strong second-quarter results, prompting an increase in its full-year revenue forecast.
Another stock to consider is TJX, the parent company of T.J. Maxx and Marshalls. With a beta of 0.88 and shares up roughly 25% in 2024, TJX has been successful in attracting cost-conscious consumers. Analysts predict more than 12% upside for TJX stock, as the company continues to expand globally with strategic investments.
In addition to Eli Lilly and TJX, other low-volatility names on our list include Omnicom Group and Kroger. By focusing on stocks that exhibit stability and growth potential, investors can position themselves to navigate the market’s twists and turns in the months ahead.
For more personalized stock recommendations and investment strategies, be sure to explore our tools and resources on Extreme Investor Network. Stay ahead of the curve and make informed investment decisions with our expert insights.