Playing defense if the stock selloff turns into a market correction

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Investment Strategy News

Stock Markets,Gilead Sciences Inc,Abbvie Inc

Investors on the hunt for ways to play defense if losses worsen in a suddenly volatile market may want to take a look at these stocks.

Investors on the hunt for ways to play defense if losses deepen in what has suddenly become a volatile market, may want to take a look at these stocks. Financial markets tumbled this week on the heels of the Federal Reserve's last meeting of the year, as the central bank cut rates by a quarter point but pointed to just two cuts next year instead of the four originally projected. That fueled a selloff that extended the Dow Jones Industrial Average's longest daily losing streak since 1974.

Our screen modeled for names with low beta, that don't typically swing with the market; companies with a dividend yield of 3% or more; and stocks with good performance that have fallen less than 2% this week through Thursday and are up at least 10% year to date.

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