4 Low-Beta Utility Stocks to Bank on as Consumer Sentiment Sinks

Consumer Sentiment - U.S. consumer sentiment remained low in October, with a preliminary reading of 55, down 0.1 points from September's 55.1, but higher than the consensus estimate of 54.1 [4][11] - Consumers' one-year inflation expectations decreased to 4.6% in October from 4.7% in the previous month, while long-term inflation expectations remained unchanged at 3.7% [5][6] Market Conditions - The ongoing government shutdown has led to market volatility, with all three major indexes ending in negative territory for the week [7][11] - Investors are seeking stability in low-beta, defensive stocks amid concerns about inflation and the labor market [2][11] Recommended Stocks - Atmos Energy Corporation (ATO): Expected earnings growth rate of 7.5%, Zacks Rank 2, beta of 0.74, and a dividend yield of 1.97% [9][8] - CenterPoint Energy, Inc. (CNP): Expected earnings growth rate of 8.6%, Zacks Rank 2, beta of 0.57, and a dividend yield of 2.24% [13][12] - Consolidated Water Co. Ltd. (CWCO): Expected earnings growth rate of 0.9%, Zacks Rank 2, beta of 0.53, and a dividend yield of 1.67% [15][14] - Northwest Natural Holding Company (NWN): Expected earnings growth rate of 25.3%, Zacks Rank 2, beta of 0.57, and a dividend yield of 4.39% [17][16]