Investing in the stock market is a good way to grow your wealth. But with so many different stock, it can be challenging to know which stock to invest in. It's important to consider the risk associated with each stock and diversify your portfolio to ensure that you don't put all your eggs in one basket. One way to do this is to invest in low-risk stock. Low-risk stock are stock that have a low beta, which means that their prices tend to be less volatile than the stock market as a whole. Some of the most popular growth stock on the market today include Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG), and Apple (NASDAQ:AAPL). All three of these companies have proven to be good invest over the long-term, and they all have a low beta.
In addition to these stock, there are several other stock that are worth considering for low-risk invest. Zoom Video Communications (NASDAQ:ZM) has been a hot stock in 2021, and its share price is still trading near its all-time highs. Despite its high valuation, Zoom's low beta makes it a good low-risk invest. Walmart (NYSE:WMT) is another stock that has a low beta and is still trading near its 52-week high. Walmart is a well-established company with a diverse business model, making it a good option for invest looking for low-risk invest.
Bank of America (NYSE:BAC) is another stock worth considering for low-risk invest. Bank of America is Berkshire Hathaway's second-largest holding, and shares are trading near their 52-week low. A cohort of other top value stock like AT&T (NYSE:T) and Comcast (NASDAQ:CMCSA) have also seen their share prices drop recently, making them attractive low-risk invest.
SolarRun Inc. (NASDAQ:SRNE) is trading at a significant valuation discount compared to its rivals, making it one of the best small-cap stock to invest in. SolarRun is a leader in the solar energy industry, and its share price has been rising steadily since its IPO in 2019.
In addition to the stock mentioned above, there are several other low-risk stock worth considering for 2021. Dividend stock are a great way to diversify your portfolio and earn income from your invest. Dividend stock are typically low-volatility stock that pay out a regular dividend payment to shareholders. Some of the most popular dividend stock include Johnson & Johnson (NYSE:JNJ), Procter & Gamble (NYSE:PG), and AT&T (NYSE:T).
Inclusion of some low-beta stock in the portfolio can make it somewhat defensive. stock having a beta value of 1 means that their price movements are in line with the overall market movements. Some of the stock with the lowest beta in the market are Microsoft, Alphabet, Apple, and Johnson & Johnson.
In addition to low-beta stock, invest can also look at stock with low price-to-earnings ratios. stock with low price-to-earnings ratios tend to be undervalued by the market and can offer good value for invest. Some of the top stock with low price-to-earnings ratios include Berkshire Hathaway (NYSE:BRK.A), Facebook (NASDAQ:FB), and NextEra Energy (NYSE:NEE).
In 2022 thus far, shares of NEE stock are down by 6.38%, still outperforming the broader markets. Meanwhile, during early morning trading on Monday, NEE stock was trading at $50.84 per share, down from its previous closing price of $53.69. This makes NEE stock an attractive low-risk stock for invest looking for value.
Overall, there are several low-risk stock worth considering for 2021. Investing in low-risk stock can help diversify your portfolio and reduce risk. It is important to do your research and invest in stock that are well-positioned to weather any economic downturns.
