If you’re looking for some nice defensive stocks to go along with the rest of your long positions in the portfolio, then take a look at the list of stocks below that are more defensive than growth oriented. They are stocks that shouldn’t see a lot of volatility and won’t fall through the floor, should this market experience some profit-taking. In essence, these stocks represent a good balance of companies that are dependable, stable, collect a respectable dividend and hold their value all at the same time.
A few plays that I like here is PFE on a cup and handle breakout and MMM which is on the verge of a triple bottom breakout.
Here are the 29 Defensive Stock Plays.