Defensive Stocks Thrive Amid Iran Tensions
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Retail sales surged in February, defying expectations amid Iran tensions, with spending robust across sectors. Investors are seeking safe havens, driving demand for consumer staples stocks. Dollar General, known for thriving during economic downturns, offers a bargain price-to-earnings ratio and solid dividends. Philip Morris International, leading tobacco stocks, saw organic revenue and operating income rise, with a reasonable dividend yield and price-to-earnings ratio. These defensive plays could help portfolios navigate potential economic uncertainties.
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