247Wallst·2026-03-10 12:40Core Insights - The article highlights four overlooked safe haven stocks that are appealing to investors seeking stability amid market volatility, particularly with the CBOE Volatility Index (VIX) rising significantly [1] Group 1: Stock Summaries - Envela (ELA): This Texas-based luxury goods reseller has seen a 110% gain over the past year, though it is down 2.99% year-to-date. It has a low beta of 0.281, indicating low volatility, and trades at a trailing P/E of 33x with 74.2% insider ownership [1] - York Water (YORW): This company has paid uninterrupted dividends for over 200 years and recently raised its quarterly dividend to $0.228 per share, yielding approximately 2.72%. Full-year 2025 revenue grew 3.37% to $77.49 million, but earnings per share (EPS) slightly decreased to $1.39 [1] - MGE Energy (MGEE): The utility company reported a full-year EPS of $3.72, beating estimates by 2.01%, and revenue of $743.65 million, exceeding estimates by 3.36%. The company has a beta of 0.782 and has consistently raised its dividend, now at $0.475 per share [1] - Enhabit (EHAB): This home health operator is set to be acquired at $13.80 per share in a $1.10 billion deal. The stock has surged 48.16% year-to-date and 60.14% over the past year, with significant operational improvements noted in its hospice segment [1] Group 2: Market Context - The elevated volatility in the market, indicated by the VIX at 25.50 and up 34.9% over the past month, is driving investors toward stocks that offer stability and predictable income [1] - The 10-year Treasury yield has decreased to 4.13%, making dividend-paying equities more attractive compared to fixed-income investments [1]