Daily lesson :)
**DAILY LESSON**
What are Defensive Industries?
Industries least affected by the business cycle.
Companies include:
1.) Nondurable Consumer goods
2.) Food
3.) Pharmaceuticals
4.) Tobacco
5.) Energy
(During Recessions and bear markets, stocks in defensive industries generally decline less)
$SPDR S&P 500 ETF (SPY.US)$ $iBio Inc (IBIO.US)$ $Gevo Inc (GEVO.US)$ $Sorrento Therapeutics (SRNE.US)$
What are Defensive Industries?
Industries least affected by the business cycle.
Companies include:
1.) Nondurable Consumer goods
2.) Food
3.) Pharmaceuticals
4.) Tobacco
5.) Energy
(During Recessions and bear markets, stocks in defensive industries generally decline less)
$SPDR S&P 500 ETF (SPY.US)$ $iBio Inc (IBIO.US)$ $Gevo Inc (GEVO.US)$ $Sorrento Therapeutics (SRNE.US)$
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