5 Defensive Stocks to Buy as Consumer Confidence Hits 7-Month Low
With consumer confidence hitting its lowest level since January due to inflation concerns and labor market uncertainty, five defensive stocks from consumer staples, healthcare, and utilities sectors are recommended: COCO, DAR, CNC, EXC, and AMRX. These stocks offer upside potential with strong earnings growth estimates and improved analyst consensus over the past 60 days.
Read the full story at Zacks Investment Research ↗IntelliStock summarizes and links to the original publisher. Data delayed 15 minutes.