A recession is defined as two consecutive quarters of negative economic growth, and it is typically accompanied by a decline in the stock market. While a recession can be a difficult time for businesses and investors, it can also present opportunities to buy stocks at a discount. As such, defensive stocks are those that tend to perform relatively well during an economic downturn.
Examples of defensive stocks include consumer staples, healthcare, and utilities. These companies often have strong balance sheets and generate stable cash flows, making them less vulnerable to an economic slowdown. As a result, they can be good stocks to buy during a recession. With this in mind, here are three defensive stocks for your list of defensive recession-proof stocks to watch in the stock market today.
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