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So did something called the Car of Tomorrow, a boxier but safer stock car.
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Miners were among the leading fallers as the appetite for safer stocks returned.
So investors are looking for safer stocks, and utility companies are fitting the bill.
More broadly, investors have spent the final days of the third quarter cashing in their gains on riskier stocks and moving into bonds and safer stocks, like consumer discretionary companies that are not as susceptible to a downturn in the economy.
If low-volatility funds were concentrated in "safer" stocks like dividend-rich utilities and major energy producers in 2011, unless they shifted gears to match market sentiment for this year's favored sectors, they might fall victim to "sector rotation," as professional money managers shift into other industries and sell the favored stocks of the previous year.
Depending on your willingness to take risk, you could own bigger, safer stocks or smaller, riskier ones.
That is, instead of paying higher valuations per unit of expected return for safer stocks, they are paying more for riskier ones.
The safe, stock answer to the usual question at the mid-point of the summer transfer window – which club is doing the best business?
You've no doubt gotten spam mail from these shysters promoting a "fail-safe" stock tip.
Throw in a couple of hot products and Pepsi Bottling looks to be, if not recession-proof, a very safe stock for uncertain times.
This is a plodding, safe stock with a big dividend and a tendency to beat the market only when the market is falling apart.
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