A defensive company
is one whose sales and earnings remain relatively stable during both economic upturns and downturns.
Growth & Income - Becton, Dickinson and Company (NYSE: BDX) Investors looking to add a defensive company
to their portfolio without sacrificing growth should consider medical technology firm Becton, Dickinson and Company.
Sometimes a defensive company
is not necessarily a good buy if it is on an expensive valuation.
Finally, at Arden, LOUISE RICHARDSON fields Halfords (367 1/2 p) as a defensive company
in a difficult retail environment, supported by a share buy-back.
Unilever is often thought of as a defensive company
Analysts said Arriva's results were broadly in line with expectations and that the remains the most defensive company
in the sector.
We strive to change from a defensive company
to an attacking one,' said Mr Kurokawa, who took over as Fujitsu's president last year from current chairman Naoyuki Akikusa.
After a year in which PECO Energy reached a landmark restructuring settlement with the Pennsylvania Public Utility Commission to open its electric market, agreed to the nation's first sale of a nuclear power plant, and outperformed each of the nation's top 50 utilities in shareholder return, WIEG president Roger Gale said PECO Energy has "turned from a slow and defensive company
to a strong promising winner" and "a key company to watch" among U.
Although a defensive company
in so far as people must eat, Compass does have some cyclical exposure in that it has benefited from a rise in employment levels as company canteens become more busy, particularly in the United States.