In Tuesday's (8th) edition of CBN Dinheiro, specialist Marcelo d'Agosto answered a question from listener Guilherme about defensive stocks. The question was about what these securities are and whether the investment can yield more than the Ibovespa index.
Defensive stocks are securities issued by companies operating in already consolidated sectors of the economy. The specialist used as an example an electric energy company, a sector that requires very high initial investments, such as building generation plants, transmission lines, and distribution networks.
According to Marcelo d'Agosto, after the initial investments are made, the costs and revenues of these companies tend to be approximately constant. Thus, the company's profit depends mainly on operational efficiency, and external factors that affect the economy and other companies have reduced impact on financial results.
Due to this scenario of greater stability, defensive stocks are presented as a good alternative for investors seeking a...
