12 Best Defensive Stocks To Buy Right Now

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10. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 68

The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods. The firm has an extensive range of consumer staples, including well-known brands such as Tide, Gillette, and Pampers. These everyday essentials maintain consistent demand, even during economic downturns. It also has a diversified geographic footprint that reduces reliance on any single market. In the fourth quarter of fiscal year 2024, P&G reported net sales of $20.5 billion, maintaining steady performance compared to the previous year. The company experienced varied results across its segments, with Health Care sales increasing by 3%, while Beauty and Baby, Feminine & Family Care saw slight declines. P&G has a long-standing commitment to returning value to shareholders through dividends. The company has increased its dividend payout for 66 consecutive years.

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