5 Best Defensive Stocks to Buy Now

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In this article, we discuss 5 best defensive stocks to buy now. If you want to see more best defensive stocks to buy, the risk/reward and methodology of this list, go directly to 12 Best Defensive Stocks to Buy Now.

5. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 69

Year to Date Performance as of 11/29: -10.69%

The Procter & Gamble Company (NYSE:PG) is the worst performing stock on our list of 12 Best Defensive Stocks to Buy Now given its stock decline of 10.69% year to date. Although The Procter & Gamble Company (NYSE:PG) is a leading consumer staple, its brands tend to cost more and as a result, the company’s results have not been as strong in times of high inflation. Nevertheless, The Procter & Gamble Company (NYSE:PG)’s performance is still better than the S&P 500’s decline of 17.5% year to date and the company can still do well in the long term if inflation normalizes and its brands maintain their market share.

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