economy
These are Barclays’ top defensive stocks. They also pay solid dividends
One way to steer through the volatility is through defensive stocks, the firm found. These names are rated overweight, and they pay dividends.
TL;DR
- Barclays suggests defensive stocks with overweight ratings and dividend payouts to navigate market volatility.
- Geopolitical risk, AI disruption, and private credit issues are identified as persistent market features.
- Top stock picks include Extra Space Storage (real estate investment trust with 5% yield), JPMorgan (defensive bank with 2.1% dividend), Coca-Cola (defensive consumer staples with 2.8% yield), and Merck & Co. (pharma with 2.9% yield).
- These companies are noted for their resilience, strong balance sheets, diversified earnings, and potential for upside based on analyst price targets.