17 handpicked stocks

Navigating The U.S. Manufacturing Contraction

The continued contraction of the U.S. manufacturing sector suggests a broader economic slowdown, prompting a potential shift in Federal Reserve policy. This environment could create opportunities in defensive stocks, such as those in the consumer staples and utilities sectors, which tend to be more resilient during economic downturns.

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Han Tan | Market Analyst

Published on August 3

About This Group of Stocks

1

Our Expert Thinking

With U.S. manufacturing contracting for five consecutive months, we're focusing on defensive sectors that historically perform well during economic slowdowns. These companies provide essential goods and services that people need regardless of economic conditions, making them potentially more resilient when growth slows.

2

What You Need to Know

This group emphasises consumer staples and utilities - sectors known for their stability and consistent dividend payments. These businesses tend to be less sensitive to economic cycles because they provide necessities like food, household products, and electricity that maintain steady demand even during tough times.

3

Why These Stocks

Each asset was handpicked by professional analysts based on their defensive characteristics and potential to provide stability during economic uncertainty. With the Federal Reserve potentially shifting towards more accommodative policy, these dividend-paying defensive stocks could become increasingly attractive to investors.

Why You'll Want to Watch These Stocks

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Recession-Proof Essentials

These companies provide the basics people can't live without - electricity, food, and household necessities. When economic storms hit, these businesses often weather them better than others.

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Steady Income Potential

Many of these defensive stocks are known for their reliable dividend payments. As interest rates potentially fall, these consistent income streams could become even more valuable to investors.

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Smart Timing Opportunity

With manufacturing weakness signalling potential economic headwinds, positioning in defensive sectors now could help protect your portfolio before broader market volatility increases.

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