3 Defensive Stocks for 2012

The following video is part of our "Motley Fool Conversations" series, in which John Reeves and David Meier discuss topics across the investing world.

In today's edition, they discuss the tough economic environment and how investors might protect their portfolios in 2012. Dave offers up three defensive stock ideas. He also discusses three companies he'd steer clear of in current conditions.

If you're interested in ExxonMobil (NYS: XOM) , or any of the stocks mentioned on your quest for great dividend paying stocks, The Motley Fool has compiled a special FREE report outlining our 11 favorite, dependable, dividend paying stocks. It's called "Secure Your Future With 11 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.

At the time thisarticle was published John Reeves and David Meier do not own shares of the companies listed above. The Motley Fool owns shares of Bank of America, Wal-Mart, and Coca-Cola.Motley Fool newsletter serviceshave recommended buying shares of Wal-Mart and Coca-Cola, as well as creating a diagonal call position in Wal-Mart. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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