An worker secures the lid of a Valspar Corp. paint can for a buyer inside a Lowe’s retailer in Burbank, California.
Patrick T. Fallon | Bloomberg | Getty Photographs
(This story is for CNBC Pro subscribers solely.)
Between the race for a Covid-19 vaccine and a presidential election in November, volatility is predicted to be excessive for the remainder of 2020. UBS discovered a handful of shares it believes can navigate the cross currents of those dangers.
The Wall Avenue agency screened from S&P 500 shares that rating excessive in manufacturing rebounds, pricing energy, sensitivity to vaccine information and election threat based mostly on potential tax impacts. UBS additionally appeared for shares with sturdy free money move and dividends and powerful 2020 earnings estimates.
“With so many cross-currents and two-sided dangers, final week we laid out a framework for investing that capitalizes on themes we expect supply higher asymmetry, accounting for dangers,” UBS strategist Keith Parker instructed purchasers. “We launched a listing of shares that screened properly inside their sectors for publicity to these themes.”