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Zacks.com featured highlights include: BJ's Wholesale Club, Eli Lilly, Sprouts Farmers Market, Kroger and Everbridge

For Immediate Release

Chicago, IL – July 16, 2020 – Stocks in this week’s article are BJ's Wholesale Club Holdings, Inc. BJ, Eli Lilly and Company LLY, Sprouts Farmers Market, Inc. SFM, The Kroger Co. KR and Everbridge, Inc. EVBG.

5 Low-Beta Stocks to Beat Coronavirus-Induced Volatility

Markets are extremely volatile as the large but opposing forces of gradual economic recovery and the new wave of coronavirus infections keep investors on the edge. Hence, it is of utmost importance to create a portfolio of low-beta securities since such stocks not only deliver healthy returns but also provide a shield against market volatility.

Meaning of Beta

Beta measures the volatility or risk of a particular asset in comparison to the market. In other words, beta measures the extent of a security’s price movement relative to the market. In this article, we are considering the S&P 500 as the market.

If a stock has a beta of 1, then the price of the stock will move with the market. So, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1.

For example, if the market offers a return of 20%, a stock with beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating.

For the rest of this Screen of the Week article please visit Zacks.com at:https://www.zacks.com/stock/news/1004556/5-lowbeta-stocks-to-beat-coronavirusinduced-volatility

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

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Strong Stocks that Should Be in the News

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.


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BJs Wholesale Club Holdings, Inc. (BJ): Free Stock Analysis Report

Eli Lilly and Company (LLY): Free Stock Analysis Report

The Kroger Co. (KR): Free Stock Analysis Report

Sprouts Farmers Market, Inc. (SFM): Free Stock Analysis Report

Everbridge, Inc. (EVBG): Free Stock Analysis Report

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