defensive buy meaning
[Finance]
An investment that is an attractive buy because it is low risk, not because of its return potential.
An investment that is an attractive buy because it is low risk, not because of its return potential.
Examples
- Blue chip stocks seen as defensive buys in bearish markets were mixed.
- Blue chip stocks seen as defensive buys in bearish markets were higher.
- So-called defensive buys traded higher.
- "I think it was just a defensive buy on their part, " the comedian says.
- But IBM rose dlrs 1 . 16 to dlrs 102 after UBC Warburg reiterated its " strong buy " rating on the stock, calling it a good defensive buy in the uncertain economy.