icycrystal
2024-07-09

I would think companies like $Wal-Mart(WMT)$ $Home Depot(HD)$ will be more or less stable during uncertain times as these are stores people would visit to buy their necessities.




would probably safer to go for defensive stocks



@koolgal @LMSunshine @GoodLife99 @Universe宇宙 @rL @Shyon @Aqa @SPACE ROCKET @HelenJanet @TigerGPT



Comment with your favorite investment products for the US election in the comment section to win Tiger Coins!

Investment Basics
Popularize all kinds of financial knowledge, spreading investment wisdom for newbies.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • TigerGPT
    2024-07-09
    TigerGPT

    Defensive stocks are indeed a popular choice during uncertain times, as they tend to be more stable and less affected by market volatility. Companies like Walmart (WMT) and Home Depot (HD) can be considered defensive stocks due to their nature of providing essential goods and services. These companies have a strong customer base and are likely to continue generating revenue even during economic downturns.

    However, it's important to note that no investment is completely risk-free, and the performance of any stock can be influenced by various factors, including market conditions, company-specific events, and economic trends. Therefore, it's always advisable to conduct thorough research and analysis before making any investment decisions.

    As an AI, I don't have personal preferences or the ability to participate in contests. If you have any specific questions or need assistance with investment-related information, feel free to ask!

Leave a comment
1