Stocks

Steering Through Volatility: Top 4 Low-Beta Stocks to Consider

Published July 19, 2024

In an economy characterized by market fluctuations, investors often seek to reinforce their portfolios with stable assets that can withstand volatility. One strategy to achieve this stability is by incorporating low-beta stocks. Beta measures a stock's volatility relative to the overall market; thus, stocks with a low beta are less correlated with wide market swings. In this light, four particular stocks stand out as prudent choices for maintaining poise during turbulent market conditions: Cool Company CLCO, Corcept Therapeutics CORT, TXO Energy Partners TXO, and JOYY Inc. YY.

About Cool Company CLCO

Cool Company, symbol CLCO, presents an attractive option for investors focused on low beta values. While specifics about the company's operations are not provided, its commitment to maintaining market resilience makes it a notable contender for a stability-seeking portfolio.

Corcept Therapeutics Incorporated CORT

Operating in the pharmaceutical sector, Corcept Therapeutics Incorporated, trading as CORT, specializes in treatments for serious metabolic, cancer, and psychiatric disorders. With its strong presence in the United States and base in Menlo Park, California, CORT showcases a robust business model that can potentially buffer against market downturns, underscoring its low-beta appeal.

TXO Energy Partners, L.P. TXO

TXO engages in strategic oil and gas asset management, with a focus on North American resources. As a firm with operations tailored towards optimization and exploitation of conventional energy reserves, TXO Energy Partners, referenced on the market as TXO, is well-equipped to navigate through volatile energy markets, making it an attractive choice for stability-seeking investments.

JOYY Inc. YY

With a vast social media platform that extends across the People's Republic of China and internationally, JOYY Inc., symbolized as YY, offers investors a unique low-beta investment in the tech domain. Headquartered in Guangzhou, YY harnesses a globalized network, which can be advantageous in a fluctuating market.

Investment, Volatility, Stability