Concerns about a potential stock market crash on the horizon are driving valuations lower in the equity markets. Investors are now pricing in higher for longer interest rates, which have pushed the yield on the 10 year U.S. Treasury to more than 4.7%. Accordingly, with interest rates on the rise, it’s reasonable to see higher-yielding stocks and other pockets of the stock market take a hit.
This pain has been uneven, and there are still certain winners in this environment. Investors still clearly want safer, more defensive stocks in these uncertain times. Thus, companies with reasonable price-earnings ratios that deliver capital to shareholders have have strong moats are great places to start. This is a list of three such stocks I would consider “all weather,” for those pacing back and forth, just waiting for the crash to start.
This post appeared first on InvestorPlace.