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Zacks.com featured highlights Transportadora de Gas del Sur, The Kroger, OP Bancorp and Telecom Argentina

·6 min read

For Immediate Release

Chicago, IL – April 25, 2022 – Stocks in this week’s article are Transportadora de Gas del Sur SA TGS, The Kroger Co. KR, OP Bancorp OPBK and Telecom Argentina S.A. TEO.

Navigate Through Market Volatility with These 4 Low-Beta Stocks

Investors worry that the markets might be in trouble with the Federal Reserve likely to tighten the monetary policy rapidly. Although most of the S&P 500 companies that have reported earnings so far have beaten the Zacks Consensus Estimate, negative headlines like inflation and the Russia-Ukraine conflict have made the market extremely volatile and it will possibly continue to be choppy, at least in the near term.

Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will deliver healthy returns and provide a shield against volatile market conditions.

Beta Understanding

Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a security's price movement relative to the market. In this article, we are considering the S&P 500 as the market.

If a stock has beta of 1, then the price of the stock will move with the market. So, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1.

For example, if the market offers a return of 20%, a stock with beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating.

Here are four stocks that qualified the screening:

Transportadora de Gas del Sur SA's midstream asset portfolio has the most extensive natural gas pipeline network in Latin America. Transportadora de Gas del Sur generates stable fee-based revenues since its pipeline assets transport more than 60% of the gas consumed in Argentina.

Transportadora de Gas del Sur has witnessed upward estimate revisions for its 2022 bottom line in the past 60 days. The upward revisions are backed by TGS' stable business model and strong focus on creating differential value for shareholders. Also, Transportadora de Gas del Sur has lower debt exposure than the composite stocks belonging to the industry.

On the basis of annual sales, The Kroger Co. is among the leading retailers in the United States. The Kroger is a well-known supermarket company, operating an economical three-tier distribution system.

For fiscal 2022, The Kroger has witnessed upward earnings estimate revisions in the past 30 days. KR is expecting momentum in its business to continue this year and has boosted its capability to adapt to the operating environment that is changing rapidly.

OP Bancorp has a solid business model and serves the banking needs of professionals and businesses with small and medium-sized operations.

In 2022 and 2023, OP Bancorp is likely to see earnings growth of 18.1% and 3.6%, respectively. Year to date, OP Bancorp has gained 7.6% compared with the industry's 4.8% rally.

Telecom Argentina S.A. is a well-known name since it is a leading provider of telecommunications services in Argentina and internationally. Telecom Argentina has been investing that will enable it to provide high-speed mobile connectivity.

For 2022 and 2023, Telecom Argentina has witnessed upward estimate revisions for its bottom line in the past 30 days.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1905214/navigate-through-market-volatility-with-these-4-low-beta-stocks

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
The Kroger Co. (KR) : Free Stock Analysis Report
 
Telecom Argentina Stet France Telecom S.A. (TEO) : Free Stock Analysis Report
 
Transportadora De Gas Sa Ord B (TGS) : Free Stock Analysis Report
 
OP Bancorp (OPBK) : Free Stock Analysis Report
 
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