Governments around the world have ruled out major lockdowns and even reduced isolation periods for the Omicron variant of COVID-19, despite positive test results. Analysts have revised their early 2022 economic forecasts as growth expectations have taken a significant hit. Since their shares are less volatile than those of other companies, they are seen as a good inflation hedge by the market. There are many others, such as Apple Inc. and Johnson & Johnson.
Insider Monkey discusses the 10 best conservative stocks to buy. BHP Group’s iron ore sales account for more than half of its revenue. Analysts predict that by 2022, returns will have increased significantly. Low net debt and strong long-term returns are expected from the company. Profits for the first fiscal quarter of Costco Wholesale Corporation were reported on December 9 with earnings per share of $2.77, exceeding estimates by $0.12. During this time, revenues totaled $50 billion, an increase of 16% over the previous year. Brad Zelnick, a Deutsche Bank analyst, has a Buy rating and $120 price target for Oracle Corporation stock. For more than two decades, Verizon Communications Inc. has paid dividends to shareholders. Since the last quarterly dividend, the company has announced a dividend of $0.64 per share. At the time of the announcement, the forward yield was 5.03 percent. On November 16, The Home Depot, Inc. reported third-quarter earnings of $3.92 per share, beating expectations by $0.55. Over the course of the year, revenue grew by nearly 10% to $36 billion. For more details, click 10 Best Conservative Stocks To Buy.