What is a Strong Defensive stock to Buy in ASX?

  1. 268 Posts.
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    My pick would be TCL: Transurban is a virtual monopoly in toll collection in Australia and getting its grips in USA motorways. It has a high P/E but a nice Yield at around 4.5%. My recommendation BUY as it is going to go further up. It is a great defensive stock in this volatile stock market and economy.
 
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Last
$13.39
Change
0.000(0.00%)
Mkt cap ! $41.62B
Open High Low Value Volume
$13.48 $13.49 $13.30 $59.09M 4.416M

Buyers (Bids)

No. Vol. Price($)
1 220 $13.39
 

Sellers (Offers)

Price($) Vol. No.
$13.40 26480 5
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Last trade - 16.12pm 15/07/2025 (20 minute delay) ?
TCL (ASX) Chart
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