Steady Returns in a Turbulent Market: 3 Defensive Stocks to Watch

The market's focus on AI headlines has created an opportunity to revisit traditional defensive stocks that consistently deliver steady returns.

Walmart, Coca-Cola, and Procter & Gamble are three such companies with long histories of dividend growth and stable revenue streams tied to consumer spending.

Walmart's e-commerce sales surged 26% year-over-year in the latest quarter, while its core business continues to gain share. The company has also increased its dividend payout for several years running, making it a prime example of a 'Dividend King.'

Coca-Cola is another stalwart performer, boasting a 64th consecutive year of dividend increases and a 6.2% revenue growth rate in the latest quarter.