US stocks closed with a mixed performance yesterday as investors evaluated financial reports from major banks and monitored a rise in bond yields driven by worldwide inflation worries. Moreover, concerns over a potential US debt default and recession are anticipated to dampen investor confidence further.
Therefore, I think it could be ideal to invest in quality stocks Nippon Steel Corporation (NPSCY), HeidelbergCement AG (HDELY), and Smurfit Kappa Group Plc (SMFKY), which seem undervalued and are relatively stable. Moreover, the companies pay stable dividends.
