5 Defensive Stocks With the Most Upside as Market Volatility Returns
American Water Works pany(AWK) ZACKS·2024-09-04 19:46
Wall Street retreated from its earlier highs to start a tricky September as disappointing economic data rekindled fears of a slowing economy. Although the Federal Reserve has indicated that rate cuts are on the anvil, a slowing manufacturing sector continues to keep investors worried about the economy’s health.Given this situation, it would be wise to invest in defensive stocks like utilities and consumer staples such as American Water Works Company, Inc. (AWK) , NiSource Inc. (NI) , Evergy, Inc. (EVRG) , U ...