Which of the following best fits the description "defensive stock"?

Question

Quizplus · Accepted Answer

Defensive stocks are those that tend to perform well during economic downturns or volatility in the market, as consumers are more likely to continue purchasing their products or services. Walmart is a classic example of a defensive stock as it is a large discount retailer that offers essential goods such as groceries and household items. Consumers are likely to continue shopping at Walmart even during tough economic times, making it a reliable investment choice in times of uncertainty.

Which of the Following Best Fits the Description "Defensive Stock