In today’s volatile stock market, investors are constantly seeking safe investments to protect their capital. The recent fluctuations in the market have left many unsure about where to invest their money. However, there are some large-cap stocks in the health care sector that have proven to be reliable even in tumultuous times.
One sector that stands out for its stability is health care. Companies like Amgen, UnitedHealth Group, and AbbVie have shown low volatility and strong returns over the past five years. These companies have consistently outperformed the S & P 500 index in terms of total returns, which include both share price gains and dividends.
Reliable Investments
AbbVie, for example, has seen an impressive 262% gain over the past five years, with shares up 22.6% this year alone. The company’s strong presence in the immunology space has positioned it for continued growth, despite challenges in its Humira revenue. With the shift towards newer immunology treatments like Skyrizi and Rinvoq, AbbVie is well-positioned for sustained success.
Slow but Steady
Amgen, on the other hand, has shown steady growth with a 5-year total return of 104%. While it may not be the fastest-growing stock on the list, its consistent performance makes it a reliable choice for risk-averse investors. The company’s recent earnings report may have been slightly weaker than expected, but the long-term outlook remains promising.
T-Mobile has also emerged as a consistent performer in the large-cap space, with a 152% gain over the past five years. The company’s strong operational performance and customer growth forecast have attracted positive attention from analysts. With shares up more than 21% year to date, T-Mobile continues to outperform the broader market.
In addition to the health care sector, other stocks worth considering in a volatile market include AutoZone and Aflac. These companies have shown low volatility and attractive valuations, making them appealing options for investors looking for stability in uncertain times.
Overall, investors looking for safe plays in a volatile market should consider large-cap stocks with low volatility, strong long-term performance, and attractive valuations. While the market may continue to experience turbulence, these reliable investments offer a sense of security and stability for investors seeking to protect their capital. It’s essential to conduct thorough research and consult with financial experts before making any investment decisions in today’s unpredictable market.