The unexpected Israel-Hamas conflict is the latest risk to what was already an unstable market environment — but there are ways investors can strengthen their portfolios. Oil prices rose Monday following the Hamas attack over the weekend . The action in oil prices occurs at a time when investors are already grappling with worries over higher interest rates, inflation and slowing economic growth. CNBC Pro used FactSet data to screen for stocks that offer investors steadiness in a shaky market.
CNBC Pro used FactSet data to screen for stocks that offer investors steadiness in a shaky market. The names had to meet the following criteria: They must be steadier than the market. This means their beta is less than one, indicating the price is less volatile than the market.They must have low debt. This means their debt-to-equity ratio is below 75%.made the list of stocks ideal during unstable times. It has a debt-to-equity ratio of 50.77 and a beta value of 0.93. The company provides investors a dividend yield of 2.8%.
Wall Street is conflicted on Molson Coors, with 12 of the 18 analysts covering the stock rating it a hold, according to LSEG, formerly known as Refinitiv. Nevertheless, the average price target suggests about 16% upside from here.. "They are planning for growth and operating leverage with enough confidence to institute a $2bn share repurchase plan ," Kirk wrote in an Oct. 4 note.also made the list.
Back in August, Bunge posted mixed second-quarter results: adjusted earnings of $3.72 on revenue of $15.05 billion. Analysts polled by FactSet called for earnings of $2.69 per share and revenue of $16.35 billion. The company also hiked its full-year guidance, forecasting earnings of at least $11.75 per share, while consensus estimates anticipated $11.67 per share.