These steady stocks could help you sleep at night as other parts of market are fraught with risk

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 72%

Investment Strategy News

Stock Markets,CBOE Volatility Index,Unitedhealth Group Inc

CNBC Pro screened for stocks with a demonstrated history of low volatility, as interest rate uncertainty rises.

With interest rate uncertainty on the rise across the market, it may be time to buy stocks with a demonstrated history of low volatility. As investors pull back high-stakes bets on the timing and frequency of rate cuts this year, erratic moves across the broader market have risen. The Cboe Volatility Index — a yardstick of expected market volatility — briefly rose above 21 on Friday, its highest level since last October.

Earlier this week, shares of UnitedHealth soared after it posted better-than-expected first-quarter earnings and revenue . The stock finished the week 14% higher, leaving it down less than 5% on the year. With a 5-year beta of 0.78 versus the S & P 500 and a 5-year price volatility score of 6.50, medical equipment maker Boston Scientific also turned up on the screen. Its earnings per share are projected to grow at 10% this year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 4 stocks can help investors play defense as inflation rattles the marketCNBC Pro screened for S&P 500 stocks that fit the bill as defensive options.
Source: CNBC - 🏆 12. / 72 Read more »

These 10 oil stocks are the most — and least — sensitive to price swings amid Iran-Israel tensionsCNBC Pro screened for stocks that are highly correlated with Brent crude oil prices.
Source: CNBC - 🏆 12. / 72 Read more »