Investing in defensive stocks is one strategy that can help safeguard your investments during a bear market. Defensive stocks remain relatively stable, even when the overall market declines. They belong to industries that provide essential goods and services that people cannot do without, making them resilient during tough economic times.

 

1.Procter & Gamble (PG)

Procter & Gamble, the big company that makes things we use every day, like Tide, Pampers, and Gillette, is an intelligent choice when times are tough in the economy. Even when money is tight, people still buy the things they need, so investing in PG can help keep your money safe during tricky times. 

PG has a track record of giving out regular payments to its investors, and it's known worldwide. This makes it an excellent pick to help protect your money when the stock market isn't doing well.

2.Johnson & Johnson (JNJ)

Johnson & Johnson, a big healthcare company, sells many different health-related stuff, like medicines, medical tools, and things you use to stay healthy. Keeping healthy is always important, whether the economy is doing well. That's why investing in JNJ is an intelligent choice during tricky times in the stock market. 

JNJ has a good amount of money saved and has a history of giving out more to its investors over time. These things make it a solid pick if you want to keep your money safe when the stock market is not doing so great.

3.The Coca-Cola Company (KO)

For more than a hundred years, Coca-Cola, the famous drink company, has been satisfying people's thirst all around the globe. It's a top pick in the list of safe stocks when things are tough in the stock market. Thanks to its extensive network for getting drinks to people, Coca-Cola is famous for its well-known drinks, which can be found everywhere. 

Even when the economy isn't doing well, folks still love sipping their favourite Coca-Cola drinks. Investing in Coca-Cola is like having a trusty friend for your money. When the stock market is rocky, Coca-Cola stands strong, making it a dependable choice to keep your investments safe and sound.

4.Prologis Inc. (PLD)

Prologis is a company that invests in real estate, focusing on places where things are stored and shipped. Think of big warehouses and places where stuff gets sent out to stores. In a time when buying things online is super popular, these warehouses are needed more than ever. That's where Prologis comes in. 

So, if you're looking for a safe place to put your money when the stock market is not doing so well, Prologis is a smart pick. It knows exactly where to be in the storage and shipping world, and it's a top choice if you want to protect your investments when times are tough.

5.Verizon Communications Inc. (VZ)

Verizon is a giant telecommunications company that gives us important things like cell phones, fast internet, and home phones. In today's world, where everyone is super connected online, these services are like lifelines for work, fun, and talking with loved ones. That's why Verizon is a wise choice when the stock market is improving. 

It's like a strong shield for your investment because it's part of what keeps our connected world going. So, when times get tough, Verizon stands tall and helps keep your money safe. That's why it's a dependable pick if you want to protect your investments in uncertain times.

 

6.The Clorox Company (CLX)

Clorox is a consumer goods company known for its cleaning and household products. The importance of hygiene and cleanliness becomes even more evident during economic downturns, making CLX a go-to defensive stock. Its strong brand presence and consistent performance make it an attractive choice for investors.

7.Dominion Energy (D)

Dominion Energy (D) is a utility company providing millions of customers with natural gas (NG) and electricity. Utilities are known for stability, as people need power and heat regardless of market conditions. D's regulated business model and dependable dividends make it a reliable defensive stock.

8.McDonald's Corporation (MCD)

McDonald's, the fast-food giant, has a global presence and offers affordable dining options. During economic downturns, people often opt for cost-effective meals, and MCD tends to benefit from this trend. Its strong brand recognition and resilience make it a top defensive stock pick.

9.Kimberly-Clark Corporation (KMB)

Kimberly-Clark manufactures personal care and hygiene products, including brands like Kleenex and Huggies. These products are considered essential, and consumers continue to purchase them, even during tough economic times. KMB's consistent cash flow and dividend history make it an appealing defensive stock.

10.Waste Management, Inc. (WM)

Waste Management is a waste removal and recycling company critical in managing society's waste. Regardless of market conditions, waste disposal remains a necessity. WM's consistent cash flows, sustainable business model, and dividend growth potential make it a defensive stock.

Conclusion

Bear markets are inevitable in investing, but you can weather the storm confidently with the right defensive stocks in your portfolio. The ten stocks above represent companies that provide essential goods and services, ensuring their resilience during economic downturns. While past performance does not indicate future results, these defensive stocks have historically demonstrated stability and the potential for long-term growth.

However, it's essential to remember that no investment is entirely risk-free, and diversification remains a crucial strategy for minimizing risk. Therefore, consulting with a financial advisor and conducting thorough research before making investment decisions is wise. By incorporating defensive stocks into your investment strategy and maintaining a long-term perspective, you can better protect your wealth and achieve financial stability, even in a bear market.