How defensive stocks work

Defensive stocks provide stable earnings

Defensive stocks are a good investment option amid the craziness of the stock market.

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.

More reading on the subject:

About the Author:

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