10 Great All-Weather Stocks

Wall Street pundits frequently pitch “defensive” stocks that should avoid steep losses in a downturn.

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Wall Street pundits frequently pitch “defensive” stocks that should avoid steep losses in a downturn. Sounds terrific: stocks that stay afloat when the market is tanking! But if you want stocks that won’t keep you up at night, you may need to look beyond the usual sleepy suspects.

The classic way to play defense is to own utilities, phone companies and businesses that sell necessities, such as cereal or toothpaste. These firms tend to make money in just about all economic conditions, pay big dividends and usually sail through choppy markets without suffering a lot of damage.

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Daren Fonda
Senior Associate Editor, Kiplinger's Personal Finance
Daren joined Kiplinger in July 2015 after spending more than 20 years in New York City as a business and financial writer. He spent seven years at Time magazine and joined SmartMoney in 2007, where he wrote about investing and contributed car reviews to the magazine. Daren also worked as a writer in the fund industry for Janus Capital and Fidelity Investments and has been licensed as a Series 7 securities representative.