Why Proctor & Gamble Is A Great Defensive Stock
August 27th, 2008
A great stock market for dummies rule is to always know that there is always a bull market somewhere. Even if the stock market is as bearish as it can be, there is always a sector where you can make consistent income. If there is a situation where the market is in full bear mode, defensive stocks will help you survive and make money. Proctor & Gamble is one of those defensive stocks that can provide you with consistent income even through hard times. They are a huge conglomerate with earnings in the high billions. What makes them good defensives stocks? The companies that are encorporated with them produce items that we use everyday that through a weak economy, people will not stock consuming these products.
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