It's both a tech - like sector, offering secular growth potential, and a health - care sector, with corresponding defensive characteristics. (cnbc.com)
We are most interested in stocks that appear currently undervalued relative to long - term business fundamentals, as well stocks that offer some degree of counter-cyclical or contrarian defensive characteristics should the US - led, central bank - fueled bull market eventually run out of steam. (franklintempleton.com)
Comments: «I think it will be a flat year for the broad equity markets in 2013 but what worked in 2012 should work in 2013, namely «safety and income at a reasonable price» or SIRP... Within the equity market, to me it is again going to be about screening for dividend growth, yield and coverage in sectors with defensive characteristics.» (businessinsider.com)