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Last week, the IMF suggested ways to address inflationary pressure and uncertainties around global economic prospects. And with a new coronavirus strain rapidly spreading across the country, analysts are concerned about the pace of domestic economic recovery. So, the situation might drive higher market volatility in the coming weeks.
Amid these rising uncertainties, building a portfolio of low-beta stocks is important because these securities will generate steady returns and protect against choppy market conditions. So, we think low beta stocks Regeneron Pharmaceuticals, Inc. (REGN), ResMed Inc. (RMD), Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), and Canon Inc. (CAJ), each with strong financials and solid growth attributes, could be ideal picks now.
