5 “All-Weather” Stocks to Buy NOW
These stocks represent businesses that are in strong positions to weather any economic storm. That’s because they boast solid fundamentals, strong earnings momentum, and a history of profit growth– even in challenging environments.
1. C.H. Robinson Worldwide (CHRW)
C.H. Robinson (CHRW) is a global leader in supply chain logistics. Think of all the stuff that moves around the world every day. Food, clothes, electronics, raw materials… CHRW helps move it all.
This kind of business is essential. Even more so in a challenging economy, as businesses look for ways to optimize their supply chains and reduce costs.
Here’s why I like it: Legendary investor Louis Navellier recently upgraded CHRW from a “buy” to a “strong buy”. In this week’s update, his proprietary Portfolio Grader system – which analyzes institutional buying pressure and financial health – identified CHRW as one of 15 stocks with the strongest potential to outperform in the coming months.
2. Cigna Group (CI)
Cigna Group (CI), a global health service company, isn’t just another healthcare stock. It’s a leader in a sector that’s only getting bigger and more essential as our population ages and healthcare costs continue to rise.
Here’s why I like it: Like CHRW, Cigna received an upgrade from a “buy” to a “strong buy” from Louis Navellier. He sees strong institutional buying pressure and improving financial health in the stock.
3. Novartis (NVS)
Novartis (NVS) is a pharmaceutical behemoth, a global leader in developing and manufacturing innovative medicines that treat a wide range of diseases. In an uncertain economy, healthcare – especially innovative drugmakers – offer stability and strong growth potential.
Here’s why I like it: Novartis also received a “strong buy” upgrade from Louis Navellier’s Portfolio Grader this week. Based on his system’s analysis, it’s an “all-weather” stock with strong potential to outperform, no matter what happens with the jobs report.
4. JPMorgan Chase (JPM)
JPMorgan Chase (JPM) is one of the world’s largest financial institutions. As a titan in its sector, JPMorgan Chase is a bedrock-solid investment, and a rising interest-rate environment should boost its bottom line.
Here’s why I like it: JPMorgan Chase also received an upgrade from “buy” to “strong buy” from Louis Navellier’s Portfolio Grader.
5. Altria Group (MO)
Altria Group (MO) is a leading tobacco company with a broad portfolio of iconic brands. Sure, it’s not a “sexy” stock, but it’s a cash cow that produces a steady stream of dividend income and has a long history of returning profits to shareholders. In uncertain economic times, investors seek out “safe” sectors, including consumer staples.
Here’s why I like it: Altria Group received a “strong buy” upgrade from Louis Navellier’s Portfolio Grader.
Your Next Move
So don’t let the market noise scare you.
Do your research. Then pick a few stocks from our list, buy a couple shares, and hold them for the long haul. This is how you build real wealth.
And tomorrow, we’re diving headfirst into the political uncertainty surrounding this year’s election. We’ll reveal 5 stocks that could make big gains if Trump wins (again). You don’t want to miss this.