A Defensive Giant with Lasting Power
Walmart ($WMT) is often included in conversations about defensive stocks, but its role goes beyond just providing downside protection. It serves as a signal—an indicator that when consumers begin to pull back, capital tends to rotate into companies that don’t just endure downturns, but benefit from them.
While the Federal Reserve is expected to conclude quantitative tightening in the coming months, inflation remains above the 2% target, and new tariffs are raising the risk of stagflation. Liquidity conditions may be easing, but early signs of pressure are emerging across both consumers and corporates. That makes now a critical time to look at names that can hold ground—and quietly gain strength—when others falter.
