As volatility continues to persist in the stock market, investors may be considering swapping out of their current positions into safer defensive stocks. This volatility could be due to the renewed anxiety over geopolitical tensions between Russia and Ukraine. Evidently, the conflict has added fresh headwinds for the market that was already in a tight position.
Because this conflict comes at a time where the Fed is looking to raise interest rates to mitigate surging inflation. The rise in interest rates tends to hurt tech-dominated growth stocks. As such, some investors could be looking for the best defensive stocks to buy in the stock market today.
4 Trending Defensive Stocks To Watch Right Now
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