Zacks.com featured highlights include Penumbra, Lamb Weston Holdings, Transportadora de Gas del Sur and Vipshop
Nasdaq For Immediate Release
Chicago, IL June 8, 2023 Stocks in this weeks article are Penumbra Inc. PEN, Lamb Weston Holdings, Inc. LW, Transportadora de Gas del Sur SA TGS and Vipshop Holdings Limited VIPS.
Buy These 4 Low-Beta Stocks to Sail Through Choppy Market
The broader market has been volatile, with investors eagerly waiting for inflation data and the Federal Reserve's policy meet next week. Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and shield against choppy market conditions.
In this regard, stocks like Penumbra Inc., Lamb Weston Holdings, Inc., Transportadora de Gas del Sur SA and Vipshop Holdings Limited are worth betting on.
Understanding Beta
Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a securitys price movement relative to the market. In this article, we are considering the S&P 500 as the market.
