What are defensive stocks?
Defensive stocks are shares in companies that provide consistent dividends and stable earnings regardless of the overall market conditions.
Can you give me some examples of defensive stocks?
Sure! Examples include utility companies, consumer staples like Procter & Gamble, and healthcare firms like Johnson & Johnson.
Why should I invest in defensive stocks?
Investing in defensive stocks can provide stability and reduce risk during market downturns, making them a safer choice.
Are defensive stocks a good investment during a recession?
Yes, defensive stocks tend to perform better during recessions as they provide essential goods and services that people continue to buy.
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