The market continues to struggle to break and close above the 1422 highs on the S&P 500 established back in April. As a result, there's reason for some concern, and if the bulls continue to squander the opportunity, you'll likely want to move your portfolio from the high-beta plays to more defensive plays.
As a result I've put together a list of stocks that I believe, in the even that we take a dive lower, will weather the storms quite nicely. Each of these stocks also have attractive growth stories to them and despite some of the indecision of late by the markets, they have managed to increase their gains nonetheless.
Here's the 16 Defensive stock plays.
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida with a wife of seven years as well as one lively son. More >>
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SharePlanner provides swing trading, day trading, options income, and speculative strategies for traders. You will find a wide array of material to help develop and hone your trading skills and abilities, from videos and courses to learning about specific trading strategies. As always, SharePlanner will provide the best actionable trade ideas for "right now" as well as all of the research and technical analysis that you need to make you a better and more profitable trader.