7 Stocks to Protect Your Wealth in These Turbulent Times

Market Overview - Current market turmoil is attributed to inflation and other factors, leading to increased volatility [1] - Investors are advised to consider strategies for protecting wealth, including diversification into precious metals, commodities, and REITs [1][2] Stock Recommendations Agnico Eagle Miners (AEM) - Agnico Eagle Miners is a significant gold stock, trading at $73, below the consensus target price of $81, with a stable dividend yield of 2.18% [3][4] - The company is in exploration mode and reported a strong cash position, ranking among the top 10% of performers based on operating margins [4] Exxon Mobil (XOM) - Exxon Mobil is preferred over Chevron due to better capital return efficiency, with a 17% increase in earnings compared to Chevron's 19% profit drop [5][6] - The stock provides a dividend yield of 3.2%, acting as a buffer against market volatility [6] DTE Energy Company (DTE) - DTE Energy Company is a utility stock that has recently beaten earnings expectations due to higher electricity demand [7][8] - The company is investing $2 billion in infrastructure improvements, aiming for a total of $4 billion in 2024 [8] Corteva (CTVA) - Corteva operates in agriscience, focusing on crop quality and volume, and is currently undervalued with a modest dividend yield [9][10] - The company has increased its dividend and initiated a share buyback program, indicating a strong balance sheet [10] Realty Income (O) - Realty Income is a REIT that offers a dividend yield of 5.2%, making it an attractive option during inflationary periods [11][12] - REITs provide diversification benefits and are less correlated with the broader stock market, making them a defensive investment [11] SPDR S&P 500 ETF (SPY) - The SPDR S&P 500 ETF offers broad exposure to the S&P 500, with average annual returns above 13% over the past decade [13][14] - The ETF's top holdings include major growth companies, providing a solid foundation for long-term investment [14][15] SPDR Gold MiniShares Trust (GLD) - SPDR Gold MiniShares Trust is an ETF directly dealing in gold, providing 11% annual returns over the last five years and 18% in 2024 [16][17] - The investment is backed by gold bars, offering a hedge against inflation without the need for physical ownership [17]