The European Central Bank (ECB) has recently revised its economic forecasts for the eurozone countries for the coming years. Where it has been made clear that during the past year growth has been 1,8%, which represents its slowest pace since 2014. While for the year 2019, estimates foresee that it will increase around 1,1% compared to 1,7% that was forecast in December. The forecast of the community institutions points to it falling from 1,7% to 1,6% and leaves its perspective for 2021 at the same levels, which is 1,5%.
This scenario in the old continent can serve to configure the next portfolio of securities that are within the parameters of an economic slowdown. With new stock market proposals and also undoing in others that do not fit within this international panorama. With the most immediate objective to end the year with a positive balance in the income statement of small and medium investors. Although of course the task will not be very easy to carry out due to the instability that the equity markets can offer. Apart from other technical considerations in some of the values of the Spanish stock market.
On the other hand, this strategy to weather the economic slowdown will be developed with greater caution in selected stocks. Where it will be very relevant that it is taken into account in opting for stock securities that do not have a strong speculative component and that are therefore more likely so that you can lose a lot of money in the operations carried out in the equity markets. Beyond other considerations of a technical nature and perhaps also from the point of view of its fundamentals.
Weather the slowdown: Iberdrola
It is one of the safest values of the Ibex 35 at the moment and is characterized by being very stable in their quotes. On the other hand, it cannot be forgotten that their prices are currently moving in a very clear upward trend. Even better, it is in free rise which is one of the best scenarios for securities or financial assets. Among other reasons because it no longer has relevant resistances ahead. Where its behavior is better than in the other securities in the most unfavorable moments for the equity markets.
Telefónica, with very low prices
The telecommunications operator of reference is an excellent stock market bet to know how to weather a scenario of instability in the international stock markets. This is due to the fact that Telefónica continues to be favored by the market, despite some negative opinions from certain financial analysts. In fact, it brings a growth potential in the price of its shares that is very interesting for small and medium investors. In this sense, it must be remembered that the Spanish telecommunications group has appreciated in the last six months around 13% and in the first months of this year it has done so at levels close to 3%. A good reason to continue to trust one of the great blue chips of national equities.
Mediaset and the strength of the dividend
Of course, we cannot forget that Mediaset España is a very aggressive stock market and that it contributes significant volatility to its daily price. But it is also not advisable to postpone the idea that it is the company of the selective index of Spanish equities, Ibex 35, which distributes the best dividend to its shareholders. With a profitability of almost 10% and that can become a very important excuse to take positions from now on.
Not in vain, in a few years the participation can be amortized by the dividends collected through this remuneration. Doubling even those provided by the most relevant companies in the national stock market. While on the other hand, it remains in an incipient Uptrend That can be used to start the first operations to make the savings profitable in the medium and long term.
Grifols: advances against Alzheimer's
Within the defensive sector, another of the values that may surprise small and medium investors is Grifols, which can scale even more ambitious levels even in the most adverse scenarios for equity markets. In this sense, Grifols is a Spanish multinational company specialized in the pharmaceutical and hospital sector, is the third largest company in the world in the blood products sector. A price is maintained around 28 euros per shares. But with a potential for revaluation that can reach levels very close to 35 euros.
On the other hand, it has stood out in the price after the announcement made about its advances against Alzheimer's. And where it can offer more novelties that boost its price on the stock exchanges. In addition, it does not have a great connection economic cycles so it can do much better in bearish scenarios in equity markets.
Enagás with a lot of stability
Lastly, we cannot forget Enagás, which can continue to do very well as it has become accustomed to us in recent years. One of the factors that undoubtedly help this approach is that at the moment it is under the figure of free rise. It is the most beneficial for any security that is listed on the stock market and it is the one that contributes the least risks to the operations of stock users.
So that in this way, we can be very calm when opening positions from now on. In a sector that acts as a real refuge in scenarios where sales are imposed on purchases. With a dividend yield of around 6% per year and that is a way to configure a fixed income portfolio within the variable. Beyond other technical considerations that value can go through in all kinds of situations, in one sense or another. With options is to climb positions in the coming months, even if it is not with returns that are not very high in intensity.