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

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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.

 

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