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As the reimposition of the travel ban is expected to affect international trade amid continued supply chain disruptions, the markets are expected to remain volatile for some time until the transmission rate of omicron is determined. While renowned U.S. health official Dr. Fauci has stated that it is “too early to say” whether lockdowns will be reimposed, the probability of the same cannot be negated. However, as more than 80% of U.S. adults are vaccinated, the country is expected to remain shielded from extreme repercussions.
Given the volatile market conditions, investing in relatively stable stocks with a beta of less than 1 is ideal. Thus, fundamentally sound stocks Microsoft Corporation (NASDAQ:MSFT), Johnson & Johnson (JNJ), UnitedHealth Group Incorporated (NYSE:UNH), and The Kroger Co . (KR), which have a beta of less than 1, could be ideal bets now.
