It’s hard to tell what the markets want to do right now. The S&P 500 lost almost 4% last week, and the Nasdaq took it even worse, but both indices have bounced back a little.
Still, a rest doesn’t mean a market correction has been warded off entirely, and the big losers of late — biotech, big tech, financials, healthcare — would likely be the ones leading a correction down even lower.
But amid the early April blues, there were several sectors of strength, including basic materials and utilities. The stocks to buy were boring, dividend-paying companies.
And in the coming weeks, the best stocks to buy will probably be more of the same — boring and mundane.
So, if you’re looking to get into a more defensive posture in case the market does shed some more in coming weeks, months or worse, you might consider these five, utterly unsexy stocks that throw off reliable dividends and should remain upright.