Here's how to protect your portfolio from a potentially hawkish Fed today

Investing.com  |  Author Thomas Monteiro

Published May 01, 2024 06:23AM ET

Investing.com — In light of worse-than-expected recent economic data, particularly on the inflation side, the market is growing increasingly worried that Jerome Powell may switch to a more hawkish stance in his press conference this afternoon.

Given how much the market has front-footed a pivot since the beginning of the year, such a move could put this year's stock market gains in check, pressuring portfolios.

Amidst the high-risk environment, savvy investors are proactively taking profits from this year's gains and strategically shifting towards more defensive, dividend-paying stocks for the interim.

However, finding stocks that are rock-solid against a market drop and yet pay hefty dividends is not a trivial job. This is where our ProPicks AI tool's Top Value Stocks strategy comes into play.

, investors have access to our AI-powered monthly updated list of top-20 U.S.-listed stocks deemed undervalued and primed for solid gains. These stocks will guarantee stability and sustained growth amid both good and bad times, making it a sure bet against rising volatility.

But how does our predictive AI find such winners?

By compiling a multitude of factors, including the long-term history of the stock market and state-of-the-art fundamental analysis, our AI-powered ProPicks makes sure to include stocks before they rally, leading to hefty gains for our users.

And the best part? It costs you less than $9 a month to join our AI using this link !

In fact, followers of our TopValue strategy have bagged hefty gains with low volatility on several stocks this year, such as:

  • Vistra Energy Corp (NYSE:VST) - Up 96.9% this year.
  • Williams-Sonoma (NYSE:WSM) - Up 42% this year.

And these are just a couple of examples of a much wider selection of top value stocks offered to you by ProPicks.

In fact, historical data shows that our strategy would have beaten the S&P 500 by over 707% over the last decade while keeping a relatively low risk exposure, as seen in the chart below: