Are Logistics Stocks a Defensive Investment?
Are Logistics Stocks Recession-Proof?
– Steady demand in essentials, pharma, FMCG
– Infrastructure-based stocks often have longer cycles
– B2B contracts bring some revenue visibility
Traits of Defensive Stocks
– Consistent cash flows
– Low volatility during downturns
– Essential service demand (transport, warehousing)
When Logistics Can Be Defensive
– Cold chain for healthcare & food
– Rail-based logistics with government contracts
– Last-mile delivery in essential categories
Defensive Limitations
– Global trade dips hit container logistics
– E-commerce slowdown affects volume players
– Asset-heavy models see cash flow stress
Investment Insights
– Focus on 2–3 year horizon
– Buy low, wait for re-rating