Buy these stocks with solid earnings power during the volatility, Wolfe Research says

📆 14/08/2024 06:17 a. m.
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Stock Markets,Duke Energy Corp,Zoetis Inc

Through the back half of the year, investors should look at these names that may be set to outperform, one researcher says.

Second quarter earnings season has delivered robust profits despite the recessionary concerns that have roiled the market in recent days. Now, Wolfe Research recommends a handful of stocks that are positioned to outperform in the back half of the year.

's David Faber reported that rival Hershey was also interested in a potential takeover. Still, analysts remain mostly neutral on the Pringles maker, according to LSEG. Of 20 analysts covering Chicago-based Kellanova, only a little more than a quarter now rate it a buy, althought that's up from 14% in July. Zoetis also appeared on the Wolfe screen. Though shares of the former Pfizer Animal Health are down 7% this year, the stock has moved up about 9% in the past three months.

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