A defensive stock is a stock that typically sells for less than $1.

Name: A defensive stock is a stock that typically sells for less than $1.
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A defensive stock is actually a stock that tends to remain stable or even increase in value during a market downturn or recession. They are usually from industries that provide essential goods or services, such as healthcare, consumer staples, and utilities. Defensive stocks are not necessarily cheap or low-priced.

A Defensive Stock Is a Stock That Typically Sells for Less