Investors should look for cash-rich businesses that are able to navigate current market conditions due to increased volatility. These three stocks are suitable. LKQ Corporation (NASDAQ :), Boyd Gaming Corporation NYSE :, and United States Steel Corporation NYSE :. October and September have been traditionally two of the most difficult months to the market. Investors face a wide range of problems, including the supply chain and debt crises. In times of volatility, one strategy I like to employ is investing in “cash cow” stocks. These stocks produce consistent cash flow.

Cash cows are named because they look like regular milk-producing cows. Businesses with steady cash flow have a better chance of navigating difficult markets and economic situations than those that don’t. Because they can spend as much money as they like, this is why they are more resilient. You can find great cash cow stocks by looking at the COWZ A-rated Pacer U.S. Cattle Cows 100 ETF.

ETF Screens the Russell 1000 companies that have the highest free cash flow yield. Plus, since the beginning of September, the ETF has outperformed the S&P 500. The ETF’s holdings were imported into a screen that allowed me to identify stocks that had a Buy rating in our POWR Ratings System. Here are some of my top picks: Boyd Gaming Corporation, Boyd Gaming Corporation and United States Steel Corporation.

Continue reading on StockNews