Are consumer defensive stocks fully valued?

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We are looking for stocks that provide stable returns in economic downturns

In the last week we learned CPI in the United States is up 2.9 per cent, PPI 2.2 per cent, retail sales 1.7 per cent and weekly jobless claims have been coming in lower than expected. The jury is still out on a slowdown or recession but these numbers certainly speak to a soft landing. If they forecast a pending recession, money managers will shift to more defensive names to protect capital and generate dividends, driving up the price of those stocks.

An adjusted book value is calculated by multiplying book value per share by its 10-year average price-to-book ratio.is a fundamental valuation platform with tools to calculate and report on value per share for thousands of public companies listed on major North American stock exchanges. StockCalc also contains numerous tools to understand what the stocks you are investing in are worth.

You can see in the accompanying table the percentage difference between each stock’s recent closing price and its intrinsic value. The “StockCalc Valuation” column is a weighted calculation derived from the models and Analyst target data if used. Investing involves risk. StockCalc accepts no liability whatsoever for any loss or damage arising from the use of this analysis.

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of

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