In this article, we will look at the 10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts.
Stocks that can hold up in falling markets are getting more attention as investors look for places to hide without stepping completely out of equities. The screen naturally points toward areas where demand is less tied to the business cycle, especially gold-linked names and consumer defensive stocks. BlackRock says “Political and geopolitical uncertainty spurs safe-haven demand,” while gold has historically shown “low or negative correlation to equities during periods of market stress.” When broader risk appetite weakens, investors often start looking for assets and companies that do not depend on a strong market backdrop to stay relevant.
The consumer defensive side of the trade is more about steadiness than shock protection. Franklin Templeton says consumer staples offer a “defensive profile,” supported by “Resilient demand,” “stable cash flows and revenue generation,” and a potential “source of downside protection to shareholder returns.” Fidelity makes the business-cycle case more directly, saying staples are “not as sensitive to the broader economic environment” and have “less sensitivity to a decrease in consumer demand.” In summary, consumers may trade down or become more selective, but they still buy food, household products, personal-care items, and other everyday essentials.
With that in mind, let’s take a look at the 10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts.
Our Methodology
We used the Finviz screener to identify consumer staples and gold stocks that offer significant upside from analysts’ price targets. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10. Agnico Eagle Mines Limited (NYSE:AEM)
On May 4, 2026, ATB Cormark analyst Richard Gray upgraded Agnico Eagle Mines Limited (NYSE:AEM) to Outperform from Sector Perform with an unchanged price target of C$330 following the company’s Q1 results. The firm described Agnico as the “gold standard” among gold producers, citing its long-life, high-margin asset base in low-risk jurisdictions. ATB Cormark added that the company is well-positioned to benefit from record margins and production growth extending beyond 2030.
On April 30, 2026, Agnico Eagle Mines Limited (NYSE:AEM) reported Q1 adjusted EPS of $3.41, versus the consensus estimate of $3.21. Revenue totaled $4.099B, versus the consensus estimate of $4.02B. The company reported payable gold production of 825,109 ounces during the quarter, representing about 24% of the midpoint of its full-year production guidance. Production costs per ounce came in at $1,158, while total cash costs and all-in sustaining costs were $1,093 and $1,483 per ounce, respectively. Agnico said operational performance was led by Detour Lake, Canadian Malartic, and Fosterville. President and CEO Ammar Al-Joundi said the company delivered a solid start to 2026, achieving record operating margins while keeping production and costs in line with expectations. Al-Joundi added that management expects stronger production in the second half of the year and continues to focus on cost discipline and asset optimization through its regional operating model.
The company also highlighted progress across its growth pipeline, including recently announced proposed acquisitions in Finland, which management described as part of the next phase of long-term growth. Agnico Eagle Mines Limited (NYSE:AEM) reiterated its commitment to shareholder returns through dividends and an expanded share repurchase program. Agnico Eagle Mines Limited (NYSE:AEM) expects FY26 gold production of 3.3M-3.5M ounces and capital expenditures of $2.465B-$2.725B.
Agnico Eagle Mines Limited (NYSE:AEM) explores for and produces gold, silver, copper, and zinc.
9. Pan American Silver Corp. (NYSE:PAAS)
On May 11, 2026, TD Securities analyst Wayne Lam upgraded Pan American Silver Corp. (NYSE:PAAS) to Buy from Hold while raising the price target to $72 from $67. The firm said recent developments, including the La Colorada Skarn update, have improved the company’s outlook.
On May 5, 2026, Pan American Silver Corp. (NYSE:PAAS) reported Q1 adjusted EPS of $1.09, versus the consensus estimate of $1.06. Revenue totaled $1.15B, while attributable revenue reached $1.33B, versus the consensus estimate of $1.22B. President and CEO Michael Steinmann said the company delivered solid quarterly results driven by strong production, disciplined cost management, and higher quarter-over-quarter silver and gold prices. Steinmann added that Pan American remains on track to meet its 2026 guidance and generated $488M in free cash flow during the quarter, lifting cash and short-term investments to a record $1.8B.
Pan American Silver Corp. (NYSE:PAAS) raised its FY26 project capital expenditure outlook to $240M-$255M from $195M-$210M following the revised Preliminary Economic Assessment for the La Colorada Skarn Project released earlier in 2026. The company said it now expects to spend $92M-$95M on the project this year, up from its prior outlook of $47M-$50M. The company reaffirmed its broader 2026 operating outlook for silver and gold production, zinc, lead, and copper output, all-in sustaining costs, and sustaining capital expenditures. Pan American added that gold production is now expected to be weighted more heavily toward the fourth quarter after some second-quarter production was deferred later into the year.
Pan American Silver Corp. (NYSE:PAAS) explores for, develops, and operates precious and base metal mining assets across the Americas.
