In crazy market times such as these, investors often turn to defensive stocks -- big blue chips that should do well when the economy or the market slips. Here are three very popular ones from CAPS for your consideration:
Altria
For a long time Altria was the ultimate "sin" stock, selling cigarettes the world over. In recent years it's trimmed itself back, having spun off the international cigarette franchise into Philip Morris International
General Electric
GE is the conglomerates' conglomerate. Products range from light bulbs to aircraft engines, appliances to television networks. It's even into finance and energy. A 6% dividend yield should be more than safe, with more than $28 billion in trailing free cash flow. A return on equity of more than 18% is matched only by a net margin of 12% -- incredible when you look at the size of the company. Competitor United Technologies
Johnson & Johnson
J&J is a pharmaceutical powerhouse selling drugs to treat a wide range of illnesses, just like Pfizer
There's some information for you about three popular blue-chip companies. So which would be best for your portfolio during these hectic times and beyond?
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