$Linde(LIN.US)

Context: The broader stock market particularly tech equities has experienced a correction and valuation compression. During this time, defensive stocks like Linde has held up quite well. Linde is backed by stable pricing power, resilient long-term contracts and essential supply roles across manufacturing and electronics. Until now, Linde continues to act as a reliable defensive play during current sector rotation.

My trade: I am holding onto my position in Linde through the current market correction. Maintaining this holding allows me to cushion the macro driven tech volatility quite well until now.

Takeaway: Holding a well diversified portfolio does help in a correction, since we do not know when the correction will be over. This will help to shield the portfolio value and prevents reactive and emotional trading.