As You know, recently the market has been acting a bit more sluggish, prone to more weakness, and my own personal indicators (which I do publish on the site) projecting a new wave of weakness too. I'm more concerned than I have been of late to make sure that I'm not over extended to the long side and that any position that I do take on, shows an ability to buck the market trend should it move lower.
Below is a list of stocks that I consider nice defensive plays, and while some of them have great growth stories to them, what I am looking for is opportunities that won't overexpose you to large losses should the market move lower.
Of my favorites is Amazon.com (AMZN) which continues to trend higher and now has a beautiful cup-and-handle pattern in place right near its highs.
Here's my 14 Defensive Stock Plays.