If you are looking for some conservative plays out there, thinking that there are pending storms on the horizon in the economy, I would look no further than the list below. I’ve run a screen to find those stocks least affected by the markets mood’s and emotions, and are to be considered the best of the best stocks to be long in during times of market instability and uncertainty.
Biggest representative on the list are the drug companies – which isn’t a surprise based on their never-ending necessity to the worldwide population, and the fact that there will always be a need for ailments to sicknesses in general. My favorite stock out of the bunch below is Teva Pharm (TEVA), the Israeli-based company that specializes in generic drugs. In fact I would consider them one of my favorite stocks of all-time.
Cigarette companies continue to hold a respectable presence on the list as does the energy sector. Overall, I like the list and think that there are a lot of solid plays to work from, especially if we get a short-term pullback in this market.
Here is the List of Defensive Stock Plays.
