Two Robust Defensive Plays to Consider
Market darlings Apple (AAPL) and Amazon (AMZN) both submitted quarterly earnings reports that disappointing investors and missed both top and bottom line estimates after the bell Thursday. In addition, Standard & Poor's (S&P) downgraded French banks this morning, which is likely adding to the volatility in the equity market.
Continuing yesterday's theme around adopting a defensive stance in allocating new money into equities for the moment, I have taken a hard look at the defensive stocks that serve the healthcare sector. Here are two companies that are well positioned in this stable industry, have cheap valuations and should be good places to ride out the current volatility in the overall market....368 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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