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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

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 NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

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