7 Best Cash Cow Stocks to Buy for Stable Returns Investors seeking shelter from the market selloff are looking for some of the best cash cow stocks. Such a move is not surprising given that robust cash flow becomes more even valuable during economic downturns. For instance, the Pacer US Cash Cows 100 ETF (BATS: COWZ ) is currently down 6.6% year-to-date (YTD) compared with the 17% loss for the SP 500 index. The fund has seen assets under management skyrocket from $1.3 billion at the start of 2022 to the current $5.9 billion. Amid the market volatility and interest rate hikes, investors are increasingly focused on businesses with strong cash flows and healthy balance sheets. These firms typically boast positive earnings and generate more cash than they need to run the business. Moreover, they often have flexibility for continued dividend payments and stock repurchases despite macroeconomic headwinds. In addition, the market selloff provides these cash cow stocks with buying opportunities to invest in new growth opportunities at attractive valuations. 7 Best Reddit Stocks to Buy Now With that information, here are seven of the best cash cow stocks that could gain traction in the rest of the year: Ticker Company Price AZO AutoZone, Inc. $2,140.74 BMY Bristol-Myers Squibb Company $73.04 CSCO Cisco Systems, Inc. $44.54 KLAC KLA Corporation $355.04 KR The Kroger Co. $46.22 MCK McKesson Corporation $331.33 MRNA Modern, Inc. $164.92 Best Cash Cow Stocks: Autozone (AZO) Source: Robert Gregory Griffeth | Shutterstock.com 52-week range: $1,503.30 – $2,267.40 Our first cash cow stock is Autozone (NYSE: AZO ), a leading retailer and distributor of automotive replacement parts and accessories.