What are the best defensive stocks to invest in right now?
Defensive stocks are typically less volatile and provide stable returns. Some top picks include Procter & Gamble, Coca-Cola, and Johnson & Johnson.
Why are these stocks considered defensive?
These companies offer essential products that people buy regardless of economic conditions, making them more resilient during downturns.
How do I choose the right defensive stock for my portfolio?
Look for companies with strong balance sheets, consistent dividends, and a history of stable earnings. Diversification is also key.
Can you suggest any resources for further research?
Sure! Websites like Yahoo Finance, Morningstar, and Seeking Alpha provide valuable insights and analysis on defensive stocks.
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