Here is my list of top defensive plays in this highly volatile and mainly bearish market. If you’re looking for some nice defensive stocks to weather this storm, yet be in position for the possibility of a sustained move to the long side, 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 compared to stocks that you’d find in the Russell and they won’t fall through the floor like them either, should this market continue to go lower. In essence, these stocks represent a good balance of companies that are dependable, stable, usually collect a respectable dividend and hold their value all at the same time.
Of those listed below, I favor McDonalds (MCD) the most as it has consistently defied the enormous market pressures this month and instead has pushed to new highs in the process. Quite remarkable if you ask me. The other stock setting up nicely is Monsanto (MON) which is trying to break above recent consolidation for a move back towards $78.
Here are My Top 13 Defensive Stock Plays.