4 Low-Beta Stocks to Buy for a Volatile Market -Breaking
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© Reuters. Four Low Beta Stocks You Can Buy to Protect a Volatile MarketStock market volatility is being fueled by global economic uncertainty and inflationary pressure. We believe it is prudent to place your bets on stocks with low beta Regeneron (NASDAQ), ResMed(RMD), Ericsson BS:) and Canon (CAJ). They could offer stable returns given the current market. You can read more about our views on this topic. Last week’s equity market roller coaster was caused by fears over COVID-19 omicron, lower November job data than anticipated, and uncertainty regarding the timing of tightening monetary policy. All major benchmarks suffered losses above 1% last week.
The IMF recommended last week ways to deal with inflationary pressures as well as uncertainties about global economic prospects. Analysts are worried about how fast the domestic economy will recover, given the rapid spread of a coronavirus virus strain. In the next few weeks, market volatility could increase due to this situation.
It is crucial to build a portfolio that includes low-beta stock investments. This will ensure steady returns, and provide protection from volatile markets. Low beta stocks Regeneron, ResMed Inc.(RMD), Telefonaktiebolaget LM Ericsson [publ] (NASDAQ:), Canon Inc. (“CAJ”), all with solid financials and growth attributes, are our top picks.
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