Top Performing Defensive Stocks
The post Top Performing Defensive Stocks by Tony Dong appeared first on Benzinga . Visit Benzinga to get more great content like this. Stay up to date on all defensive stocks with Benzinga Pro, your go-to stock market research platform with real-time news and actionable insights. The S&P 500 index is regarded as the barometer of U.S. stock market performance. Composed of large-cap U.S. equities,…
This report highlights the top-performing defensive stocks, as detailed by Tony Dong in a Benzinga article. Defensive stocks are those with low correlation to the S&P 500 index, SPY, and are often used to outperform in the long term. The S&P 500 is the benchmark for U.S. stock market performance and consists of large-cap U.S. equities. The SPDR S&P 500 ETF (SPY) is the largest and most liquid ETF for tracking the S&P 500.
The top defensive stocks, ranked by percentage change, include Procter & Gamble (PG) with a 0.63% increase, Merck & Co (MRK) at 1.22%, Bristol-Myers Squibb (BMY) at 1.19%, American Tower (AMT) with a 0.52% increase, General Mills (GIS) at 0.68%, and McDonald's (MCD) with a 0.33% gain. Each stock's dividend yield and current price are provided for reference.
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