Market volatility continued Thursday with the Dow Jones Industrial Average posting another triple-digit loss. Naturally, very few stocks have navigated the volatility seen over the past few trading sessions unscathed, so investors may want to take a closer look at stocks that experienced the least volatility over the past year.
CNBC's Dominic Chu.
There are multiple ways to measure which stocks are experiencing low levels of volatility, but in this case simpler is better, Chu said during Thursday's "Squawk Box" segment: The stocks with the lowest amount of volatility are those with the narrowest ranges between their respective 52-week high and 52-week low.
There are only 33 stocks within the entire Russell 1,000 index with a 20-percent range between the 52-week high and 52-week low, Chu said. Among the 33 stocks are a handful of names that are familiar with many investors, including:
- American International Group Inc AIG: 16.3-percent spread.
- PepsiCo, Inc. PEP: 17.1-percent spread.
- Exxon Mobil Corporation XOM: 17.4-percent spread.
- U.S. Bancorp USB: 18.1-percent spread.
- Procter & Gamble Co PG: 18.2-percent spread.
It is important to note that low volatility over the past year does not imply that a stock is "safe," Chu said. Nevertheless, it could be used as a tool to try and gauge which stocks are likely to experience least amount of swings ahead.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.