Flying 74% higher in August, shares of Tesla (NASDAQ: TSLA) have plunged through the first half of September. Investors have slammed the brakes on their ebullience for the electric vehicle manufacturer, and the stock has fallen 24% since the start of the month. For investors charged up about the company's long-term prospects -- and who have nerves of steel -- the recent ups and downs may not be that concerning.
On the other hand, investors with a lower threshold for volatility are likely looking for the exit ramp. Fortunately, there are plenty of stocks more akin to the ease of the log flume than the hairpin turns of the roller coaster-like Tesla. We asked three of our Motley Fool contributors what stocks they think are the safest choices right now. They came back with NextEra Energy (NYSE: NEE), The Cooper Companies (NYSE: COO), and American Water Works (NYSE: AWK). Here's why they think these picks are great options today.
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