2024-05-21 08:20:00 ET
Altria (NYSE: MO) is commonly regarded as a defensive stock. That is, when you want to play defense against a potential bear market, this is the type of stock you want to own.
No one knows exactly where markets will head from here. But if you want to protect your nest egg, keep reading.
If a bear market hits, you'll want to own Altria stock. Of course, no one can predict when the next crash will come, but if you're concerned about a downturn, or simply want to make sure your money is protected, start to introduce stocks like this into your portfolio.
For further details see:
1 Reason to Buy Altria Stock Like There's No Tomorrow