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These combined rates are equivalent to a tax in excess of 200 percent in some locales

We also continue advocating for legislation that will benefit small and independent breweries, like extending or making permanent tax cuts that benefit small producers with Section 199A and allowing for research and development depreciation in the year it occurs

Pfizer PFE The Campbells Co CPB Constellation Brands STZ Brown-Forman Corp BF.B GSK GSK West Pharmaceutical Services WST Coloplast CLPBY Zimmer Biomet Holdings ZBH Danaher DHR Ambev ABEV Heres a little more about each of the best defensive stocks to buy, including commentary from the Morningstar analysts who cover each company as of March 19, 2025

Nonetheless, this remains a subjective judgement