Is this a good time to own defensive stocks?

Question

As a college student who has just recently been introduced to investing, I have been hearing a lot about the business cycle and in particular cyclical and non cyclical stocks. The question I am asking is...Because of the state of our current market, is this the right time to own defensive stocks or are we in the clear to own cyclical ones? If not how would I know the right times to sell the defensive stocks and buy cyclical ones?

Answer 1

you have to ask yourself what is my investment objective?

What kind of risk am  I willing to take?

If you are looking at market cycles that would suggest your goal is trading which carries more risk.

Defensive stocks are for example PG, KO, JNJ, MO.

I don't own any of these at this time.