In times of economic uncertainty and market volatility, investors often turn to defensive stocks to protect their portfolios from market downturns. Defensive stocks are relatively immune to economic fluctuations and tend to perform well in good and bad times. They are often found in industries such as utilities, consumer staples and healthcare, which provide products and services that people use regardless of the state of the economy.
This article will discuss three defensive stocks that investors can consider adding to their portfolios to navigate the current market environment. These companies have a track record of steady growth and stable earnings, making them attractive options for risk-averse investors who prioritize capital preservation over high returns.
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