DJI46,558.47-0.26%
GDAXI23,447.29-0.60%
GSPC6,632.19-0.61%
HSI25,465.60-0.98%
IXIC22,105.36-0.93%
N22553,819.61-1.16%
AAPL250.12-2.21%
AMZN207.67-0.89%
CL98.71+3.11%
EURUSD1.1423-0.82%
GBPUSD1.3223-0.93%
GC5,061.70-1.25%
GOOG301.46-0.58%
JPM283.44+0.19%
META613.71-3.83%
MSFT395.55-1.58%
NVDA180.25-1.59%
TSLA391.20-0.96%
DJI46,558.47-0.26%
GDAXI23,447.29-0.60%
GSPC6,632.19-0.61%
HSI25,465.60-0.98%
IXIC22,105.36-0.93%
N22553,819.61-1.16%
AAPL250.12-2.21%
AMZN207.67-0.89%
CL98.71+3.11%
EURUSD1.1423-0.82%
GBPUSD1.3223-0.93%
GC5,061.70-1.25%
GOOG301.46-0.58%
JPM283.44+0.19%
META613.71-3.83%
MSFT395.55-1.58%
NVDA180.25-1.59%
TSLA391.20-0.96%
DJI46,558.47-0.26%
GDAXI23,447.29-0.60%
GSPC6,632.19-0.61%
HSI25,465.60-0.98%
IXIC22,105.36-0.93%
N22553,819.61-1.16%
AAPL250.12-2.21%
AMZN207.67-0.89%
CL98.71+3.11%
EURUSD1.1423-0.82%
GBPUSD1.3223-0.93%
GC5,061.70-1.25%
GOOG301.46-0.58%
JPM283.44+0.19%
META613.71-3.83%
MSFT395.55-1.58%
NVDA180.25-1.59%
TSLA391.20-0.96%
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CAN BNN Bloomberg EN

Market Outlook: Costco, Novartis and Devon among stock picks

Three stock ideas from a quantitative investing model including Costco, Novartis and Devon Energy as markets remain volatile.

Mar 10, 2026 &03421010202631; 22:42 UTC www.bnnbloomberg.ca Trending 4/5
Read original on www.bnnbloomberg.ca ↗
Positive for markets
Sentiment score: +65/100
Moderate impact Short-term (days)
WHAT THIS MEANS
A quantitative investing model identifies Costco, Novartis, and Devon Energy as attractive stock picks amid ongoing market volatility. These selections suggest opportunities in consumer staples, pharmaceuticals, and energy sectors despite broader market uncertainty.
AI CONFIDENCE
72% High
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
COST
COSTStock
Expected to rise
Consumer staples defensive positioning during market volatility; quantitative model recommendation
NOVN
NOVNStock
Expected to rise
Pharmaceutical sector pick with defensive characteristics; stable dividend profile
DVN
DVNStock
Expected to rise
Energy sector opportunity identified by quantitative model; potential value play
S&P 500
^GSPCIndex
High volatility expected
Broader market remains volatile; selective stock picking strategy recommended
PRICE HISTORY
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SUGGESTED ACTION
Consider accumulating positions in COST, NOVN, and DVN as defensive plays during volatile market conditions. These quantitative picks offer diversification across staples, healthcare, and energy while maintaining lower correlation to broader market swings.
KEY SIGNALS
Quantitative model validationDefensive sector rotationMarket volatility persistenceValue opportunity identification
SECTORS INVOLVED
Consumer StaplesPharmaceuticalsEnergy
Analysis generated on Mar 11, 2026 at 00:06 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.