Credit Suisse's 14 Ultimate Defensive Stock Picks

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According to Frank Byrt, "Credit Suisse's analysts have come up with a "new gold standard" list of stocks. The companies carry lower risk and pay higher yields than government debt, the Switzerland-based investment bank says. In effect, the shares represent the ultimate defensive play in a time of market volatility, and economic and political uncertainty." This list also included BASF (BASFY), Bayer (BAYRY) and Telenor (TELNY). Read more here.

>>Also: Goldman's Consumer Stock Best Buys for 2012

>>Also: 7 Stocks JPMorgan Thinks You Should Buy

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