Which of the following statements is not an example of a defensive stock?
A) food producers
B) breweries
C) pharmaceuticals
D) gold mining

Question

Quizplus · Accepted Answer

Defensive stocks are those that provide consistent dividends and stable earnings regardless of the state of the overall stock market because they produce goods or services that remain in constant demand. Food producers, breweries, and pharmaceuticals are considered defensive because people continue to need food, beverages, and medications regardless of economic conditions. Gold mining, however, does not fit this category as it is more sensitive to market changes and does not provide the same level of stability and consistent demand.

Which of the Following Statements Is Not an Example of a Defensive