Published on 29 Sep 2022 on Zacks via Yahoo Finance
Broad inflationary pressures are increasing. There are signals from the Fed that in the upcoming meetings, additional rate hikes are likely, thereby raising fears of a recession and spurring market volatility.
Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against volatile market conditions. In this regard, stocks like Scorpio Tankers Inc. STNG, AMN Healthcare Services, Inc. AMN, KnowBe4, Inc. KNBE and BJ's Wholesale Club Holdings, Inc. BJ are worth betting on.
Understanding of Beta