These fortress stocks can protect investors' portfolios as volatility rips through Wall Street

  • 📰 CNBC
  • ⏱ Reading Time:
  • 48 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 72%

Omnicom Group Inc Nieuws

Deere & Co,Microsoft Corp,Coterra Energy Inc

These stocks may provide investors' portfolios with some stability amid market tumult.

Monday's global markets sell-off saw Wall Street's "fear gauge" spike to its highest level since 2020, but there are a few stocks that may help investors stabilize their portfolios in these volatile times. The S & P 500 and the Dow Jones Industrial Average posted their worst sessions since September 2022 on Monday, fueled by traders' fears that the U.S. economy could be on less-stable footing than previously thought.

mountain Coterra Energy stock. While the company's second-quarter adjusted earnings missed Wall Street's estimates, Coterra's production for the period came in ahead of analysts' expectations. Coterra shares also offer investors income, paying a dividend yield of 3.4%. Elsewhere on the list, shares of Microsoft have added more than 7% in 2024. Analysts polled by LSEG forecast nearly 26% upside for the technology stock moving forward.

mountain Microsoft stock. Microsoft's earnings and revenue surpassed the Street's estimates for the fiscal fourth quarter , but results for its cloud business fell short of expectations. Nevertheless, analysts have largely stood by Microsoft, pointing to potential tailwinds from the company's artificial intelligence investments. Major Wall Street firms said that a recent pullback in shares — which are off 4% in the past week — presented a buying opportunity for investors.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Users of online trading platforms report outages as Wall Street meltdown ravages stock marketA glance at Downdetector.com shows that more than 3,184 users reported outages at Fidelity Investments.
Bron: nypost - 🏆 91. / 67 Lees verder »