3 Stocks to Buy and Hold Even If There's a Stock Market Sell-Off in August
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3 Defensive Buys for a Rough August on the JSE
Even if markets shake, these stocks offer stability and income in uncertain times.
The jitters expected in August aren't new, but they highlight the value of owning companies built to withstand volatility. Take Naspers and Prosus. Both are global tech gatekeepers with solid cash flows, cushioning them from local gyrations. Their exposure to e-commerce and digital entertainment means they can sustain growth even if the rand weakens. On a different front, AngloGold Ashanti offers a classic hedge—gold tends to shine when markets tremble, supporting its steady dividends. Lastly, Standard Bank remains a core financial play. Its diversified African footprint and strong capital buffers position it to navigate potential credit stress if the economy slows. Of course, this call isn't without risk. A sudden rand collapse or global shock to tech valuations could rock Naspers and Prosus sharply. But for investors holding their nerve, these picks balance growth with defensive traits. this is just our opinion and not financial advice
Buy and hold Naspers, Prosus, AngloGold Ashanti, and Standard Bank as a balanced defensive core. Trim if the rand improves sharply or if growth stories fade.
- Naspers
- Prosus
- AngloGold Ashanti
- Standard Bank
- USD/ZAR
- Rand collapse hurting tech shares
- Global sell-off impacting commodity prices
- Local economic slowdown weighing on banks
7/10
The article recommends three stocks as buy-and-hold investments that can weather market volatility: Costco, an all-weather retailer with consistent growth; Royal Caribbean, a cruise operator with strong demand and healthy margins; and Sirius XM, a satellite radio company with improving earnings and a solid dividend yield.
Our take is based on reporting first published by The Motley Fool.