5 Safe Stocks to Buy as Inflation Shakes Wall Street (Part-2)

Undoubtedly, the stock market had a great deal of volatility due to heated inflation; on February 13, the 30-stock Dow experienced its biggest one-day percentage fall since March 22, 2023. In the end, the tech-heavy Nasdaq ended worse than the S&P 500, which dropped below the 5,000 level.

But it doesn't mean they should entirely avoid stocks! Stocks like Tyson Foods TSN, VICI Properties VICI, Kinder Morgan KMI, Duke Energy DUK, and Eagle Bancorp Montana EBMT continue to provide revenue regardless of market fluctuations. Instead, they should consider these companies when placing their investments.

Because their beta is small (between 0 and 1), these stocks are mostly unaffected by fluctuations in the market. Additionally, these stocks pay dividends, so their business model is strong and can withstand market fluctuations. Their Zacks Rank is either 2 (Buy) or #1 (Strong Buy). Here is the full rundown of all the stocks that made the top spot in Zacks' rankings today.

Eagle Bancorp Montana provides a wide range of banking services, including deposits and loans. In addition to being ranked #1 by Zacks, the company's beta is 0.56. The dividend yield for EBMT is 4.2%. There has been a 14.8% increase in the last 60 days to the Zacks Consensus Estimate for its current-year profits. For the current year, the firm anticipates a 32.6% increase in earnings.

Duke Energy is an energy provider with a diverse portfolio. With a Zacks Rank #2 and a beta of 0.48, this firm is a bet. The dividend yield for DUK is 4.4%. Its current-year earnings projection has seen a 0.5% increase in the last 60 days according to the Zacks Consensus Estimate. Earnings growth for the current year is projected at 7.6% by the firm.

One of the most prominent North American providers of midstream energy infrastructure is Kinder Morgan. The firm is ranked #2 by Zacks and has a beta of 0.91. The dividend yield for KMI is 6.7%. Its current-year earnings projection has seen a 1.7% increase in the last 60 days according to the Zacks Consensus Estimate. For the current year, the firm anticipates a growth rate of 11.2% in earnings.

One such entity is VICI Properties, which is a REIT. The firm is ranked #2 by Zacks and has a beta of 0.91. A 5.6% dividend yield is available for VICI. Its next-year earnings projection has seen a 0.5% increase in the last 60 days according to the Zacks Consensus Estimate. Earnings growth for the current year is projected at 11.4% by the firm.

A variety of meats and prepared meals, including chicken, beef, and pig, are manufactured, distributed, and sold by Tyson meals. A Zacks Rank #1 and a beta of 0.77 characterize this firm. There is a 3.7% dividend yield on TSN stock. In the last 60 days, there has been a 23.2% increase in the Zacks Consensus Estimate for its current-year profits. Earnings growth for the current year is projected at 74.6% by the corporation.

Keep coming back here for the most up-to-date information.