Top 5 defensive stocks to watch in 2025

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5. Saputo Inc (TSE: SAP)


Industry:
Dairy processing

Market cap: CAD 4.79 billion12

Saputo operates as a leading dairy processor with operations across Canada, the US, Australia and Argentina.

The company produces, markets and distributes a wide range of dairy products, including cheese, fluid milk, yogurt, dairy ingredients and specialty products. Its business model focuses on operational efficiency, strategic acquisitions and maintaining strong relationships with both dairy farmers and retail customers.

Saputo serves diverse markets from retail grocery chains to food service operators and industrial customers who use their ingredients in food manufacturing.

Its recent financial performance demonstrates how it’s resistant to economic uncertainty.

The company continues to expand its higher-margin specialty products while investing in automation and efficiency improvements across its processing network.

Highlights:

  • In the six months preceding 25 August 2025, its stock price grew by 31.19%
  • Generated year-over-year (YoY) growth in adjusted EBITDA in Canada, the US and Europe according to its latest earnings report13
  • Revenues were up 4.6% over the same period14