5 Low-Beta Stocks to Buy as November Inflation Soars

Group 1: Inflation and Economic Outlook - Inflation showed signs of cooling but unexpectedly jumped in November, with the consumer price index (CPI) rising 0.3%, marking the largest gain since April, and a year-over-year increase of 2.7% [1][4] - Core CPI, excluding food and energy, also increased by 0.3% month-over-month and 3.3% year-over-year, aligning with expectations and raising hopes for another Federal Reserve rate cut [4][5] Group 2: Investment Recommendations - It is advisable to invest in defensive stocks such as Atmos Energy Corporation (ATO), Avangrid, Inc. (AGR), Middlesex Water Company (MSEX), Ingredion Incorporated (INGR), and Tyson Foods (TSN), all of which have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [2] - These stocks are categorized as low-beta stocks, with betas greater than 0 but less than 1, making them suitable for investors seeking stability [3] Group 3: Company Profiles - Atmos Energy Corporation (ATO): Engaged in regulated natural gas distribution, serving approximately 3.3 million customers across eight states, with an expected earnings growth rate of 5% and a current dividend yield of 2.247% [8][9] - Avangrid, Inc. (AGR): The third-largest solar and wind generator in the U.S. with $44 billion in assets, expected earnings growth rate of 12%, and a current dividend yield of 4.95% [10] - Middlesex Water Company (MSEX): Provides water treatment and distribution services, with an expected earnings growth rate of 33% and a current dividend yield of 2.22% [12] - Ingredion Incorporated (INGR): Specializes in nature-based ingredients, with an expected earnings growth rate of 12.4% and a current dividend yield of 2.22% [13][14] - Tyson Foods (TSN): The largest U.S. chicken company, with an expected earnings growth rate of 13.2% and a current dividend yield of 3.21% [15][16]