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

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.

Source: News Formal (newsformal.com)

Stock Markets CBOE Volatility Index Unitedhealth Group Inc Boston Scientific Corp Merck & Co Inc Nextera Energy Inc Automatic Data Processing Inc Business News

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