
8 Best Defensive Stocks To Buy Amid Geopolitical Tensions
Strategists on Wall Street are starting to sound the alarm, warning that stocks could fall from recent highs as the second-quarter earnings season ends. The warnings come as equity markets remain at record highs despite ongoing risks, ranging from the Iran war, high oil prices, surging bond yields, and the risk of higher interest rates.
Amid short-term concerns, strategists agree that the long-term outlook remains bullish, given that underlying fundamentals remain strong. With that in mind, let’s take a look at some of the best defensive stocks to buy for shrugging off the near-term headwinds while positioning for the long term.
This post originally appeared at Insider Monkey.
