Investing in defensive stocks is like building a fortress around your portfolio. These are sturdy, reliable, and built to last through economic storms. For Canadian investors, defensive stocks are an excellent choice because they provide stability and consistent returns, even during downturns. These TSX stocks are the cornerstones of essential sectors like utilities, consumer staples, and healthcare, offering dependable performance regardless of market volatility. Among these, Thomson Reuters (TSX:TRI) and Franco-Nevada (TSX:FNV) stand out as top options, blending resilience with long-term growth potential.
The TSX stocks
Thomson Reuters is a global leader in information services, serving clients in sectors like law, finance, and tax. This diversification ensures the TSX stock isn’t overly dependent on any one revenue stream, making it a prime defensive stock. In its most recent earnings report, TRI posted…
