By coinnews 
00:00 Speaker A
Finally, sea of red as we know today on Wall Street. The market reeling from President Trump’s tariff rollout, but there are a few bright spots as investors search for names to weather this storm. And Paul, you’ve been watching some safe haven stocks to keep an eye on. You did a great piece, I would argue very well timed Paul. Low risk stocks for a rocky market. That’s about as well timed as we can get. Let me right there, when we say low risk Paul, how do you define low risk? If you’re if you’re screening for low risk, what are you screening for?
00:41 Paul
Yeah, if you’re screening for low risk, you’re looking for low beta, you’re looking for names that may not move as much with the broader market. So that you don’t have that correlation to those big down days. So companies like Coke and Verizon, they came up on the list. They might be something that would benefit as investors are flocking more to those safe haven names that have big dividend yields as well.
01:26 Speaker A
How do valuations look generally for when we talk about low risk names? What do they look like?
01:34 Paul
Yeah, it’s it’s tough. I mean, a company like Coke is by no means a cheap stock anymore. I think that investors are paying a premium for the safety and stability there. And you know, let’s be honest, I mean, Coke it’s a pretty boring, easy to understand company.
02:07 Speaker A
Which you know, boring and easy to understand on a day like this is Warren Buffett loves his cherry Cokes. So it’s and yeah, it’s not the worst thing in the world to be owning on a day like today.
02:48 Paul
Right.
02:49 Speaker A
What what other you mentioned Coke. What other when you screened, what else popped up?
03:00 Paul
Yeah, what’s interesting is that utilities and health care also showed up. And you know, utilities have been a bit of an enigma in the past couple of months because some of the utility stocks have become growth stocks because of the AI play, the data center play, and they aren’t the ones that have the high yields. But if you look at traditional regulated utilities, a company like Duke Energy for example, high dividend yield, slow and steady growth, but that’s probably good in a market like this. And then health care, we all know that the RFK Jr. effect is really hurting the pharma companies, but you might have companies in the medical equipment area like Medtronic, Thermo Fisher, that will hold up a little bit better because they’re not going to be coming under the regulatory.
04:30 Speaker A
Did I see Philip Morris make that list too? Am I making that up?
04:34 Paul
I don’t know if Philip Morris made that list. No. I didn’t think so.
04:47 Speaker A
Yeah. Maybe what I thought would screen would be a Philip Morris. Were you were you surprised by any of those?
05:10 Paul
Not really. I think you know, it’s it’s it’s no secret that investors are looking for those lower beta defensive names as we have this continued exodus from the MAG 7 and other high growth stocks.
05:35 Speaker A
All right, we’ll keep an eye on it. Nice nice report Paul. Well timed, like I said, very.