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The Zacks Analyst Blog Highlights CMS Energy, NiSource, CenterPoint, Molson Coors and Carriage Services

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For Immediate Release

Chicago, IL – March 21, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CMS Energy Corp. CMS, NiSource Inc. NI, CenterPoint Energy, Inc. CNP, Molson Coors Beverage Co. TAP and Carriage Services, Inc. CSV.

Here are highlights from Thursday’s Analyst Blog:

5 Low-Beta Defensive Stocks to Buy as Fed Adopts Cautious Approach

The Federal Reserve raised its annual inflation outlook for the year to nearly 3% on Wednesday, while it left interest rates unchanged for the second consecutive time this year. Rising inflation and lack of clarity over President Donald Trump’s tariff proposals have made the Federal Reserve adopt a cautious approach.

Volatility returned to markets in late January and has since been rattling stocks as concerns over the economy’s health have grown over the past month.

Given the ongoing volatility and uncertainty over the next rate cut, it would be safe to invest in utilities and consumer staple stocks, which are considered defensive. In this regard, CMS Energy Corp., NiSource Inc., CenterPoint Energy, Inc., Molson Coors Beverage Co. and Carriage Services, Inc. from utility and consumer staples are spaces good picks. Each of these stocks carries a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Moreover, the stocks are from the low-beta category (beta greater than 0 but less than 1). Hence, the recommended approach is to invest in low-beta stocks with a high-dividend yield and a favorable Zacks Rank.

Fed Leaves Interest Rates Unchanged

The Federal Reserve left its benchmark policy rate unchanged in the current range of 4.25-4.5% at the end of its two-day meeting on Wednesday. The decision was highly anticipated. However, stocks rallied after Federal Reserve Chairman Jerome Powell said that the central bank is still confident about two rate cuts this year despite concerns about tariff-driven inflation.

Inflation showed signs of cooling for the first time in February after advancing since December. The unexpected rise in inflation at the end of 2024 saw the Federal Reserve halt interest rate cuts for the first time since September.

The Fed has cut interest rates by 100 basis points since September. The halt in January was an indication that the central bank didn’t want to rush with rate cuts. Investors’ confidence was dented further after Trump announced his tariff plans toward the end of January.