There is no such thing as a defensive stock... what's with that word? They used to say Woolworths and infra stocks used to be defensive but gee, look at them go down?
I'd go Woodside for pure oil exposure and Rio Tinto for metals/coal/iron ore because WPL is a great takeover target and once oil starts running out rapidly we're going to see consolidation take place and Woodside has huge reserves but its market cap is still small compared to the likes of Exxon/BP/Shell/Total etc.
wpl or bhp, page-6
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Last
$28.94 |
Change
0.100(0.35%) |
Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |