When investors expect economic growth to slow, interest in defensive sectors — health care and utilities — tends to perk up. This has been happening during the third quarter.
Below is a list of 20 favorite stocks in both sectors among Wall Street analysts.
Read: Goldman Sachs trims U.S. growth outlook
Here’s how the 11 sectors of the S&P 500 Index
have been performing:
|S&P 500 sector||Total return – June 30 through Aug. 27||Total return – 2021||Total return – 2020||Total return – 3 years||Total return – 5 years|