Chinese property owner Evergrande looks as though it may default on its debts, and many fear this could spark a domino effect causing a global economic recession, which is why the stock market plunged last week. Colgate-Palmolive (NYSE: CL), Airbnb (NASDAQ: ABNB), and Altria (NYSE: MO) are three stocks that could help insulate your portfolio from the next downturn. A safe place with thick walls and a well-stocked pantry is the consumer staples sector, and Colgate-Palmolive is one of the most solid companies in it.
Philip Morris International's stock offers a compelling combination of value and growth prospects.
The Zacks Analyst Blog Highlights: United Parcel Service, ServiceNow, CVS Health, Booking Holdings and Altria Group