Recent inflation reports spooked investors, sparking a sell-off on Wednesday, but defensive stocks could provide some stability the next time markets get rocky.
Those fears have contributed to a pullback in the market, with the S & P 500 slipping around 1% since the start of April.
Investors could consider rotating into more defensively focused names to prepare for market volatility.
Roper, on the other hand, has struggled this year, with the software stock's shares falling slightly in 2024.
He said this week that Coterra was the firm's only buy-rated name in the natural gas exploration and production space.
Persons:
technology's, ServiceNow, LSEG . Roper, LSEG, Roper, TJX, Coterra, Josh Silverstein, Silverstein
Organizations:
Federal Reserve, Investors, CNBC, Beta, CNBC Pro, Roper Technologies, Nasdaq, Coterra Energy