This year started on the right foot and the Nasdaq 100 hit a new all-time high in February, but it’s been downhill since and the index is now down 13% from that peak – an official correction.
With the market wobbling, shielding your portfolio from further downside is key. That means chasing high-flyers is off the table because it risks bigger losses. Instead, prioritize stocks with strong fundamentals: steady cash flows, low debt, and consistent dividends that can endure turbulence.
Diversifying across sectors and sizes dilutes any potential drag, while a defensive tilt cushions any further blows. The past five years have been turbulent, which is why these two stocks can ensure your nest egg weathers the storm.
This post originally appeared at Money Morning.