5 Best Low Volatility Blue Chip Stocks to Buy Now

In this article, we will take a look at the 5 Best Low Volatility Blue Chip Stocks to Buy Now. For deeper discussion and analysis, have a look at the 15 Best Low Volatility Blue Chip Stocks to Buy Now. 

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5. Church & Dwight Co., Inc. (NYSE:CHD)

Beta Value (5Y Monthly): 0.47

On April 7, UBS lowered the firm’s price recommendation on Church & Dwight Co., Inc. (NYSE:CHD) to $98 from $102. The analyst reiterated a Neutral rating on the shares.UBS expects Q1 results across much of the consumer staples group to be “okay.” Organic revenue growth is showing some signs of stabilizing. The bigger question, in the firm’s view, is how companies will guide for the rest of the year. Inflation is expected to weigh more heavily on earnings in the second half and possibly beyond.

A week earlier, on March 31, TD Cowen also cut its price target on Church & Dwight to $93 from $112, while maintaining a Hold rating. The firm lowered its estimates across the household and personal care space. The analyst said companies are unlikely to fully offset higher oil-related input costs linked to the Iran war. Even if the conflict ends soon, the price increases “will prove sticky due to infrastructure damage.” TD Cowen also pointed to weaker pricing power compared to past periods. It sees fewer opportunities for companies to shift consumers toward higher-end products, which contributed to the lower targets.

Church & Dwight Co., Inc. (NYSE:CHD) develops, manufactures, and markets a range of household and personal care products. It also operates in specialty areas tied to animal and food production, chemicals, and cleaners, with business segments including Consumer Domestic, Consumer International, and the Specialty Products Division.