One may be forgiven for overlooking safer bets for their portfolio in the current climate.
Near-constant calls for economic deterioration and even recession have failed to materialise. Cyclical sectors have suffered and are of good value.
Nonetheless, Unilever and Reckitt Benckiser - two slow-moving, typically boring defensive stocks - are starting to look attractive compared to 2023 highs.
They have been integral to the FTSE 100’s recent declines, and long-term investors will be eyeing the FTSE 100 stalwarts at current valuations.
With bond proxy attributes, the companies have b...
