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What are the best defensive stocks to invest in for 2023?

An example of an AI chatbot conversation about the best defensive stocks for 2023.

😀
You

What are the best defensive stocks to invest in for 2023?

MagicBuddy
MagicBuddy

Some of the best defensive stocks for 2023 include utilities, consumer staples, and healthcare companies. Would you like specific examples?

😀
You

Yes, please provide some specific examples.

MagicBuddy
MagicBuddy

Sure! Companies like Procter & Gamble, Johnson & Johnson, and Duke Energy are considered strong defensive stocks.

😀
You

What makes these stocks defensive?

MagicBuddy
MagicBuddy

Defensive stocks tend to be less volatile and provide stable earnings, especially during economic downturns, as they offer essential products and services.

😀
You

How can I analyze these stocks before investing?

MagicBuddy
MagicBuddy

You can analyze these stocks by looking at their financial health, dividend history, and market trends. Would you like more detailed metrics?

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