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Zacks.com featured highlights include: Vista Outdoor, AMN, Standard Motor, and Albertsons Companies

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For Immediate Release

Chicago, IL – November 16, 2021 – Stocks in this week’s article are Vista Outdoor Inc. (VSTO - Free Report) , AMN Healthcare Services, Inc. (AMN - Free Report) , Standard Motor Products, Inc. (SMP - Free Report) , and Albertsons Companies, Inc. (ACI - Free Report) .

Combat Market Volatility with These 4 Low-Beta Stocks

High inflation is weighing on the mood of the people of the United States. This is reflected in the country’s lowest level of consumer sentiment in a decade in November. Thus, despite the fact that economies are gradually coming out of the coronavirus pandemic, the market remains volatile.

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

Meaning of Beta

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

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1827769/combat-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

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Strong Stocks that Should Be in the News

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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/performancefor information about the performance numbers displayed in this press release.

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