Yes, either "of" or "from" can be used in your example.  The meaning is close to identical.  The variance in meaning is so slight the writer or speaker likely did not mean it with such specificity.

> stable stocks **from** renowned companies

The connotation for "from" is **source** or **origination**.  Those renowned companies issued the stocks.

> stable stocks **of** renowned companies

The connotation for "of" is **ownership**.  Owning the stocks of those renowned companies will give you partial ownership of those companies.

Again, the difference is slight, and what difference there is was likely not part of the point being made, which is that the firm tries to insure that their clients have high quality stocks.