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3 "Boring" Stocks to Buy Right Now

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Part of the reason why we always seem to be talking about companies like Apple (AAPL - Free Report) , Alphabet (GOOGL - Free Report) , Tesla (TSLA - Free Report) , and Amazon (AMZN - Free Report) is the excitement that comes from their innovation and design. However, these factors simply don’t guarantee performance. Sometimes the best stocks are the boring ones.

With that said, I set out to find some of these boring stocks on the Zacks Stock Screener. I wanted to find stocks with strong Zacks Ranks, strong Style Scores, and other signs of being able to outperform the market soon. Unfortunately, our Stock Screener doesn’t have a “Boring” filter, but I used my own judgement while parsing through the results.

Using this technique, I was able to find a few stocks with solid metrics that wouldn’t typically get investors riled up. Check out these three “boring” stocks below:

1.       Tempur Sealy International (TPX - Free Report)

I wanted to put this one first because it’s the easiest of the boring-related jokes to make. Tempur Sealy, a leading developer of mattresses and bedding products, is so boring it will literally put you to sleep! In all seriousness, I mean no disrespect to Tempur Sealy. This Zacks Rank #1 (Strong Buy) crushed our earnings estimate by over 35% last quarter, and analysts have been scrambling to adjust their future estimates upwards.

The Zacks Consensus Estimate for Tempur Sealy’s current-quarter earnings has gained eight cents in the past 30 days. With a VGM score of “B” and a position in the top 30% of the Zacks Industry Rank, this stock promises to provide excitement by way of profits!

 

2.       Tyson Foods (TSN - Free Report)

Tyson Foods is the world’s largest fully-integrated producer of chicken and poultry-based food products. Although I am personally a big chicken eater, I will be the first to admit that there are very few foods less exciting than bland, white chicken. Nevertheless, Tyson Foods currently holds a Zacks Rank #1 (Strong Buy) and the company is potentially looking at earnings growth of 43% this year.

This stock has been on fire lately, with shares gaining over 41% on the year. On top of this, Tyson has a VGM score of “A” and it falls into a category of food producers that currently sits in the top 6% of the Zacks Industry Rank.

 

3.       Clorox Company (CLX - Free Report)

Although the Clorox Company is one of the most recognizable names in its industry, at its core it’s still basically a soap company. Clorox is best known for its namesake bleach and cleaning products, and the company owns other household brands such as Pine-Sol, Burt’s Bees, and Formula 409.

Nevertheless, Clorox should be exciting to investors right now. It is currently a Zacks Rank #2 (Buy) after seeing eight positive earnings estimate revisions within the past 30 days. In that time, the Zacks Consensus Estimate for its full-year earnings has gained 23 cents and currently reflects growth of 12% year-over-year.

 

Bottom Line

Yes, I know… gizmos and gadgets and crazy technology is fun. That’s why we all want to invest in self-driving cars and whatever the next Silicon Valley startup is. Sometimes, however, we have to invest in the boring stuff because it’s going to make us money. Regardless of what these companies do, they are doing it well right now, and all of these stocks could very well be headed for further success.

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