Bearproof Stocks Hold Up When the Market Struggles
CNBC has identified stocks that have historically performed well during market downturns. These 'bearproof' stocks, as they are called, have demonstrated resilience in times of economic stress.
The analysis looked at data from 2000 to 2022 and focused on the S&P 500 index. It found that certain stocks have consistently outperformed their peers during periods of market decline.
The top performers include shares of Microsoft (MSFT), Johnson & Johnson (JNJ), Procter & Gamble (PG), Coca-Cola (KO), and ExxonMobil (XOM). These companies are often referred to as 'dividend aristocrats' due to their long history of paying consistent dividends.
The analysis noted that these stocks have a strong track record of maintaining dividend payments even during times of economic turmoil. This stability is seen as a key factor in their ability to perform well during market downturns.