Engie S.A.: Defensive Stocks in Uncertain Times!
Uncertainty causes capital to flow into defensive energy companies like Engie!
While the overall market crashes, Engie is at a multi-year high. The relative strength offers an attractive diversification!
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The tariff policy by US President Donald Trump has caused uncertainty among investors. In addition to concerns about an escalating tariff spiral, investors are also anxiously watching developments in individual stocks and consumer spending trends. At the stock market, investors have increasingly turned to defensive industries and sectors, allowing Engie S.A. as an energy company to break out to a 52-week high. This relative strength could expand further in light of uncertain global economic developments, making the stock an interesting candidate...
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