This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

16 'Hindenburg-Proof' Defensive Stocks

("Hindenburg-Proof" Defensive Stocks story updated with investment advisor's views on how to go about investing in some of these defensive stocks and additional stock names he likes.)

NEW YORK (TheStreet) -- The occurrence of a third Hindenburg Omen indicator this week has only intensified concerns many investors have about the current state of the stock market.

The Hindenburg Omen is a technical indicator of a looming stock market crash. It's believed that two Hindenburg Omen occurrences within a 30-day period can trigger this type of disaster in the stock market.

The Hindenburg Omen occurs when an unusually high number of companies in the New York Stock Exchange reach 52-week highs and lows at the same time. The proportion of NYSE stock highs and lows must both exceed 2.5% of the total listed on the exchange.

"Markets are a manifestation of human behavior, and as we know, humans want to repeat behaviors over time," Huntington Asset Advisors' Peter Sorrentino said. "The sort of dichotomy highlighted by this price action highlights that there are two very different views of what the future will be, and both can't be right simultaneously. This will need to correct itself in either the proposed sell-off, or in a substantial rally. "

But whether a stock market crash proves inevitable -- or we're actually headed for a major bull-market -- investment experts that TheStreet spoke with have recommended a series of diverse Dow, Dow-like and S&P 500 stocks that can both weather the storm and ride a bull market.

Timothy Collins, RealMoney contributor and founder of TangleTrade Management said he would consider defensive, dividend-centric stocks such as Enterprise Products Partners ( EPD ) and Plains All American Pipeline (PAA) for some MLP (master limited partnership) or income exposure.

Collins would also consider off the beaten path stocks such as StoneMor Partners (STON) because "whether we like it or not, people are going to keep dying." Collins is even looking at a small, stable growth component such as eBay (EBAY).

Read on for these diverse stocks with Morningstar's take and see what Huntington's Sorrentino and Harvey Neiman of the Neiman Large Cap Value Fund recommend -- regardless of what shows up in the crystal ball. Meanwhile, Collins weighs in on how he would about about investing in these stocks.

Stock quotes in this article: EPD, PAA, STON, EBAY, MMM, ITW, UNH 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs