|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||182.80 - 189.78|
|52 Week Range||166.36 - 224.19|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||14.70|
|Forward Dividend & Yield||1.99 (1.05%)|
|1y Target Est||N/A|
Market sentiment looks like it will ring in the new year with a grouchy disposition. For 2019, portfolio-building strategies are increasingly focusing on defensive stocks. And why not? There are a host of headwinds facing stocks as we head into the new year, be it high share prices, interest rates, slowing economic growth across the world or trade uncertainty, among other negative factors. "For equity investors, risk is high and the margin of safety is low because stock valuations are elevated compared with history," Goldman Sachs Chief Equity Strategist David Kostin recently told investors. No wonder defense is in. Companies from sectors such as health care and consumer staples offer goods and services that people need no matter what the economy is doing, which leads to more reliable revenues and profits. Still, even outside those sectors, there are a few resilient blue chips that either dominate their market so completely or offer such diversified product lines that they can hang in most market environments. These are the kinds of stocks investors want to pile into. Here are seven "Strong Buy" defensive stocks to buy as we head into 2019. We used TipRanks' Stock Screener to pinpoint "safer" stocks that Wall Street's analyst community is overwhelmingly bullish on at the moment. Just remember: No stock is completely insulated from broad-market downdrafts, including these. But all seven should broadly stand up well during a longer-term period of instability. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
Factors like robust freight activity, strong intermodal performance and prudent cost management are positives for railroads and should drive growth going forward.
Norfolk Southern (NSC) benefits from solid volume growth and constant efforts to streamline operations. The company's efforts to reward shareholders are encouraging.
Canadian Pacific (CP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
SkyWest (SKYW) posts decline in October block hours, which is in sync with fleet transition plans. Also, fall in load factor is a concern.
United Continental Holdings' (UAL) arm, United Airlines, commences San Francisco-Tahiti service, in line with the company's expansion initiatives.
The robust financial health of railroads bears testimony to the fact that the scenario has improved considerably for players in this industry despite coal-related headwinds.
Canadian National Railway Co. expects to set a record for crude-by-rail shipments next year as it vies with Canadian Pacific Railway Ltd. to dominate a booming market.
Higher operating expenses and fuel costs to hurt Canadian Pacific's (CP) Q3 results. Nevertheless, solid freight revenues are a positive.
You don't often see 24% earnings-per-share growth from railroads, but Canadian Pacific is putting up record-smashing results.
Canadian Pacific Railway Limited (NYSE: CP) reported its highest quarterly revenue ever thanks to growth in energy and potash freight volumes. The sixth largest North American railroad by revenue, Canadian Pacific saw revenue rise 19 percent to $1.9 billion Canadian ($1.45 billion U.S.), with net income up 22 percent to $622 million for the third quarter.