Battle the turmoil with these elite defensive stocks loved by Wall Street

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These stocks can help traders right out a week September and future market volatility.

With stock markets in sell-off mode and no signs of stabilizing on the horizon, CNBC Pro sought to find the elite stocks that can provide steady performance, generate income and buck the downturn. Just 10 stocks made the cut. Despite opting to skip a rate hike at the September Federal Open Market Committee meeting, the central bank nonetheless signaled fewer cuts than previously expected next year.

4% from the start of the year through Friday's $45.66 close. Average analyst forecasts imply more than 10% upside from current trading levels. KR YTD mountain Kroger stock has added 2.4% from the start of the year. On Sept. 8, the company reported fiscal second-quarter earnings of 96 cents per share, after adjustments, outpacing the average analyst estimate of 91 cents per share, according to LSEG, formerly known as Refinitiv. However, Kroger's revenue of $33.

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Top Wall Street analysts are bullish on these dividend stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Chevron and Broadcom.
منبع: nbcchicago - 🏆 545. / 51 ادامه مطلب »