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0 0.000380083618396107 0 0.000760167236792078 -0.00798175598631702 -0.00380083618396052 -0.00380083618396052 -0.00380083618396052
Stock impact report

4 Low-Beta Consumer Staples Stocks With Upside [Yahoo! Finance]

United Natural Foods, Inc. (UNFI) 
Last united natural foods, inc. earnings: 3/11 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
The Federal Reserve slashed interest rates by 25 basis points on Wednesday at the end of its December Federal Open Market Committee meeting. The central bank's move was highly anticipated. However, all three major indexes tanked following the announcement. More than cheering the latest rate cut, concerns grew surrounding the hawkish stance from Federal Reserve Chairman Jerome Powell, who hinted at fewer rate cuts in 2025 due to stubbornly high inflation. Wall Street has been volatile over the past week and fresh concerns over the nation's economy may keep markets volatile for a longer period. Given this situation, it would be wise to invest in stocks from a defensive space like consumer staples such as Tyson Foods TSN, United Natural Foods, Inc. UNFI, Ingredion Incorporated INGR and The Clorox Company CLX.Each of the stocks has a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here Also, these belong to the category of low-be Show less Read more
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