Investors looking for a steady return on their investment may want to consider adding defensive stocks to their portfolio. These types of stocks tend to perform well even in times of economic uncertainty or market volatility. Here are seven defensive stocks that could provide a reliable source of income for investors.
1. Procter & Gamble: This consumer goods giant is known for its stable earnings and strong brands, making it a popular choice for defensive investors.
2. Johnson & Johnson: As a leading healthcare company, Johnson & Johnson has a diversified business model that can help protect against market fluctuations.
3. Coca-Cola: With its iconic brand and global reach, Coca-Cola is a solid choice for investors looking for stability in their portfolio.
4. Walmart: As one of the largest retailers in the world, Walmart is a defensive stock that can weather economic downturns and provide consistent returns.
5. McDonald’s: The fast-food giant has a proven track record of success, making it a reliable choice for investors seeking steady returns.
6. AT&T: With its strong cash flow and dividend yield, AT&T is a defensive stock that can provide investors with a reliable source of income.
7. Verizon: As a leading telecommunications company, Verizon offers investors a stable business model and consistent returns.
Overall, defensive stocks can be a smart choice for investors looking to protect their portfolio during times of market uncertainty. By adding these seven stocks to their portfolio, investors may be able to achieve a steady return on their investment over the long term.