Core Viewpoint - The article identifies 20 low price-to-earnings (P/E) ratio stocks that are expected to perform well during a market downturn, suggesting that these stocks may provide a defensive investment strategy in uncertain economic conditions [1] Group 1: Stock Characteristics - The selected stocks have P/E ratios significantly lower than the market average, indicating potential undervaluation and resilience against market volatility [1] - Many of these stocks belong to sectors that are traditionally considered defensive, such as utilities and consumer staples, which tend to maintain stable earnings during economic downturns [1] Group 2: Market Context - The current market environment is characterized by rising interest rates and inflation, leading to increased uncertainty among investors [1] - The article emphasizes the importance of identifying stocks with strong fundamentals that can withstand economic pressures, highlighting the relevance of low P/E stocks in this context [1] Group 3: Investment Strategy - Investors are encouraged to consider these low P/E stocks as part of a diversified portfolio to mitigate risks associated with market downturns [1] - The article suggests that focusing on valuation metrics like P/E can help investors identify potential opportunities that may be overlooked in a volatile market [1]