The market has become a bit choppy over the past couple of sessions, some are calling for a top, while others believe that it is just a hiccup before staging the next leg up in this impressive rally. No one knows for certain. But you might be one of those looking for stocks that doesn’t see a lot of volatility and won’t fall through the floor, should this market make a turn downward. A good compromise is to look for those stocks that are dependable, stable, collect a respectable dividend and hold their value all at the same time.
Of those defensive plays below, NVS, TEF and VZ have had minor pullbacks of late, forming a bullish flag pattern, while MCD this morning reported solid earnings that saw their stock price soar to new all-time highs.
Here are the 22 Defensive Stock Plays.