Author: Shaun Pruitt, Zacks

In addition to their ‘strong buy’ ratings, both names also have an overall ‘A’ grade for their combination of value, growth, and momentum.

Trading near record highs, its valuation still appears reasonable relative to its earnings power and long-term growth prospects.

All with dividend yields well above 3%, this trio of names offers investors a defensive hedge within a diversified portfolio.

This trio of names appear well-positioned to capitalize on favorable trends across their sector.

With inflation pressures resurfacing and commodity markets reacting to geopolitical developments, these two names may be well positioned to navigate the current macroeconomic environment.