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. The Cboe Volatility Index, or VIX, briefly topped 65 that day – its highest level since March 2020 when the Covid-19 pandemic rattled markets. Amid this backdrop, CNBC Pro used its Stock Screener Tool to find S & P 500 names that can help investors ride out tumultuous times, based on the following criteria: A beta of less than 1, indicating low volatility Earnings per share growth of at least 10% over the past three years Analysts maintain a consensus buy rating Average analyst price targets imply at least 20% upside Readers can add and customize this screen and make their own using the CNBC Pro Stock Screener Tool here .
Hydrocarbon exploration firm Coterra Energy made the list. Shares have slipped more than 7% in 2024. Coterra has a beta of 0.
23, the lowest on the list of stocks assembled for this screen. Average analyst price targets forecast nearly 45% upside for the energy stock moving forward, per LSEG. CTRA YTD mountain Coterra Energy stock.
While the company's second-quarter adjusted earnings missed Wall Street's estimates, Coterra's production for the .