Bear Market Blues? Buy PepsiCo Stock Now
Many growth stocks crumbled this year as inflation, rising interest rates, and other macro headwinds drove investors toward more conservative investments. The S&P 500 officially entered a bear market last month, and it could continue to stagnate for at least a few more quarters.
Bear markets are historically the best time to buy stocks, but the volatility often prevents nervous investors from pulling the trigger. However, there are still plenty of defensive blue-chip stocks that hold up well during bear markets and generate reliable returns throughout the subsequent bull markets.
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Source Fool.com
