Ride out future market and economic volatility with these all-weather stocks, Bank of America says

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Stock Markets,Costco Wholesale Corp,Parker-Hannifin Corp

Investors may want to keep an eye on these stocks to ride out any future market volatility, according to Bank of America.

Investors may want to keep a special eye on a group of 15 stocks to ride out any future market volatility, according to Bank of America. The firm outlined its favorite "all-weather" stock picks that fared well in both value and growth environments and have outperformed the S & P 500 this year and over the past three-, five- and 10-years.

Shares of the warehouse membership retailer have rallied nearly 33% since the start of the year, with shares up more than 6% just since the start of August. Earlier this month, Costco posted strong net sales for July. Sales came in at $19.26 billion for the month, growing 7.1% year over year. Bank of America also included three industrial stocks in its all-weather stock list. They included Parker-Hannifin , up more than 26% since the start of the year.

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Fonte: CBSNews - 🏆 87. / 68 Leggi di più »