Many “big brand” companies that sell well-known consumer brands hold up well during market downturns due to their defensive nature. Let’s examine two big brand companies that have outperformed the market over the past year, and whether or not they are still viable long-term buys at today’s prices.
Despite its reputation as a slow-growth defensive stock, Johnson & Johnson (NYSE: JNJ) has rallied more than 24% over the past 12 months, easily outperforming the S&P 500’s 4% gain.