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7 Stalwart Stocks to Buy and Hold Through Any Storm
COPConocoPhillips(COP) InvestorPlace·2024-02-27 22:18

Core Viewpoint - The article discusses the appeal of acquiring stalwart stocks, likening it to befriending a powerful figure for security and stability in uncertain market conditions [1] Group 1: Procter & Gamble (PG) - Procter & Gamble is highlighted as a consumer goods giant that remains essential regardless of economic conditions, with a revenue of over 82billionforthefiscalyearendingJune2023[2]−Analystsprojectrevenuegrowthto82 billion for the fiscal year ending June 2023 [2] - Analysts project revenue growth to 84.74 billion in 2024 and 88.06billionin2025,indicatingaconsistentgrowthtrajectory[2]−Thecompanyoffersaforwarddividendyieldof2.3488.06 billion in 2025, indicating a consistent growth trajectory [2] - The company offers a forward dividend yield of 2.34%, with a payout increase for the past 68 years, making it a premier stalwart stock [3] Group 2: Kroger (KR) - Kroger is positioned as a grocery store giant that balances price and quality, making it relevant for families looking to save on food expenses [5] - The stock trades at a forward earnings multiple of 11.21X, significantly below the sector median of 17.56X, suggesting potential for growth [5] - Analysts estimate earnings per share of 4.60 for the current year and 4.72for2025,supportedbyongoingeconomicrealities[5][6]Group3:Coca−Cola(KO)−Coca−Colaisrecognizedforitsaffordabilityandpotentialtobenefitfromconsumerstradingdownfrommoreexpensiveoptions,withprojectedsalesof4.72 for 2025, supported by ongoing economic realities [5][6] Group 3: Coca-Cola (KO) - Coca-Cola is recognized for its affordability and potential to benefit from consumers trading down from more expensive options, with projected sales of 45.77 billion for the current year [7] - Analysts expect sales to reach over 48billionbytheendofnextyear,withhigh−sideestimatesof48 billion by the end of next year, with high-side estimates of 46.5 billion in 2024 and 48.78billionin2025[7]−Thestockhasaforwarddividendyieldof3.1748.78 billion in 2025 [7] - The stock has a forward dividend yield of 3.17% and a payout increase track record of 63 years, making it a strong candidate for stalwart stocks [8] Group 4: Meta Platforms (META) - Meta Platforms, traditionally not seen as a stalwart stock, has shifted its narrative by announcing a dividend for the first time [10] - The company reported sales of 134.9 billion last year, with analysts projecting 158.21billioninrevenueforthecurrentyearand158.21 billion in revenue for the current year and 177.95 billion for the following year [11] - Meta is viewed as a strong buy with a consensus price target of 529,reflectingitsinfluentialmarketposition[11]Group5:Exelon(EXC)−Exelonisapublicutilityfirmthatbenefitsfromanaturalmonopoly,makingitareliablestalwartstockdespiterecentmarketchallenges[12]−Analystspredictrevenuedeclinesin2024and2025,buthigh−sideestimatessuggestmodestgrowth,supportedbyconsistentprofitability[13]−Thecompanyoffersaforwarddividendyieldof4.21529, reflecting its influential market position [11] Group 5: Exelon (EXC) - Exelon is a public utility firm that benefits from a natural monopoly, making it a reliable stalwart stock despite recent market challenges [12] - Analysts predict revenue declines in 2024 and 2025, but high-side estimates suggest modest growth, supported by consistent profitability [13] - The company offers a forward dividend yield of 4.21% and is rated a moderate buy with a price target of 41 [13] Group 6: Microsoft (MSFT) - Microsoft is recognized for its strong position in business software and PC operating systems, with projected sales of 244.26billionin2024and244.26 billion in 2024 and 279.24 billion in 2025 [14][15] - The company’s recent focus on artificial intelligence is seen as a significant growth driver, despite skepticism about the technology's impact on jobs [14] Group 7: ConocoPhillips (COP) - ConocoPhillips, while primarily focused on hydrocarbon exploration, remains relevant in the energy sector despite the push for renewable energy [16] - The company reported revenue of 56.14billionlastyear,withprojectionsof56.14 billion last year, with projections of 58.96 billion in 2024 and over $61 billion in 2025 [17] - ConocoPhillips has a strong buy consensus and a forward yield of 2.08%, positioning it as a balanced stalwart stock [17]