3 Defensive Stocks Worth Buying on the Dip in August
MOAltria(MO) Investor Place·2024-08-14 18:35

Defensive stocks are clearly on everyone’s mind after markets fell dramatically at the start of August. Investors worldwide moved into risk-off mode, fearing that the U.S. economy was about to hit a snag. The sudden increase in unemployment in July was the catalyst that left many worried.Last week’s improvement in jobless numbers has helped soothe nerves for now. However, markets are still trading lower than they were a week ago. This means it may be appropriate to consider which defensive stocks to buy on ...