Here a few reasons:
1. They are generally less volatile than the market as a whole (low beta).
2. Their products are something that people continue to need and use no matter what the economy is doing, thus,
3. Their dividends tend to be more stable and secure.
2. Their products are something that people continue to need and use no matter what the economy is doing, thus,
3. Their dividends tend to be more stable and secure.