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Markets Turn Volatile: 5 Defensive Stocks to Buy
AEEAmeren(AEE) ZACKS·2024-10-16 19:00

Volatility has returned to Wall Street after a solid September rally following the Federal Reserve’s rate cut announcement. The volatility followed fresh data, which showed that inflation increased slightly in September.Also, lingering frustration over high commodity prices saw consumer sentiment slipping in October. Given this situation, investing in defensive stocks like consumer staples and utilities would be a safe bet.Five such stocks are American Water Works Company, Inc. (AWK) , Ameren Corporation (A ...