Nestle might be a good defensive play in what seems to a potentially turbulent market.
The company is well diversified across segments and in terms of geography.
Its 23.2 percent stake in L’Oréal offers several possibilities.
Investors should however keep in mind some risks. Especially currency risk should be considered.
Lately it seemed as if there were rather stormy times ahead on the markets, at least in the short-to-medium term. Hence I believe more defensive sectors will inevitably come into the focus of investors. One