3 Stocks to Buy That Can Beat a Bear Market
Just a few weeks ago, it looked like the bull market was here to stay. Now, it's not so clear. Stocks are well down for the month, and the volatility has many investors spooked. Maybe the economy's not on firm enough footing after all.
Investors don't necessarily need to panic, though they can choose to reconfigure their portfolio to a more defensive mix that can thrive on broad malaise or even outright weakness. Here's a closer look at three stocks that can support this strategy with the strong potential to beat a bear market.
They're called vices for a reason. People generally know they should give up these bad habits, especially when the money spent supporting them is needed elsewhere. They just can't. Most consumers will continue smoking, drinking, and gambling regardless of the economic environment. That's why stocks of tobacco, alcohol, and casino operators often hold up so well in tough times.
Source Fool.com
