AutoZone and Gilead are among stocks that historically outperform during bear markets – CNBC
A sign is posted in front of the Gilead Sciences headquarters on April 29, 2020 in Foster City, California.
Justin Sullivan | Getty Images
The U.S. stock market is officially in a bear market, with the S&P 500 earlier this week closing more than 20% below a record high.
For investors looking to protect their portfolios in this tough environment, there are some stocks that have done well in previous bear markets.
To find these names, CNBC Pro looked at the total returns (price gain plus dividends) of S&P 1500 stocks during the last three bear markets. We then ranked them …….