BALTIMORE ( Stockpickr) -- There's an important message in the all-time market highs that the S&P 500 and the Dow hit last week: If you don't own some defensive names right now, you should.Going defensive makes sense right now for a couple of reasons. For starters, going defensive in the face of new all-time highs helps limit downside risks in this market. And perhaps more importantly, quality names have been some of the highest performers over the course of this "hated" stock rally. That means that, in this case, a good defense could actually be the best offense in 2013.
5 Defensive Stocks to Protect Your Portfolio Gains - views
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