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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(20min delay)
Last
$13.38
Change
-0.170(1.25%)
Mkt cap ! $41.59B
Open High Low Value Volume
$13.41 $13.48 $13.27 $97.50M 7.294M

Buyers (Bids)

No. Vol. Price($)
1 129 $13.36
 

Sellers (Offers)

Price($) Vol. No.
$13.39 2300 3
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Last trade - 16.11pm 11/07/2025 (20 minute delay) ?
TCL (ASX) Chart
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