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2 Great Defensive Stocks I'd Buy Right Now | The Motley Fool Canada


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Today, some significant volatility is creeping into financial markets. Recent inflation numbers blew away economist predictions for the kind of price surges consumers can expect. Accordingly, expectations of rate hikes have ushered in a wave of selling today.
However, there are options for investors looking to navigate this environment in a defensive way. These two stocks are among my top picks for such investors.
Algonquin Power
Algonquin Power & Utilities (TSX:AQN)(NYSE:AQN) continues to be on the list of my top picks, and for good reason.
What sets Algonquin apart from its peers? Well, this company’s core regulated utilities business is supplemented by a high-quality portfolio of renewable power assets. ....

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