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How defensive stocks work

Defensive stocks provide stable earnings

How defensive stocks work
How defensive stocks work

If you’re still looking to invest amid the current craziness of the stock market right now, defensive stocks might be a strong option to consider.

Defensive stocks are stocks that provide consistent dividends and stable earnings, regardless of the state of the stock market.

These include recession-resistant sectors like necessities, utilities, consumer staple and packaging companies.

Most of these companies offer dividends that strengthen your portfolio without adding to your risk.

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About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.