Consumer confidence drops sharply; defensive stocks under $25 in healthcare and staples gain attention

Consumer confidence has fallen below recession levels, with the University of Michigan index at 53.3 and the Surveys of Consumers at 49.8, signaling economic caution. Inflation expectations rose to 4.7%, prompting investors to consider defensive stocks in healthcare and consumer staples. Three notable stocks under $25 include AdaptHealth, a home medical equipment provider with a recovery story; Bioventus, a medical device maker with growth potential; and Hormel Foods, a stable consumer staples company with a strong dividend history. These picks offer defensive qualities amid economic uncertainty, but investors should assess risks and do their own research before investing.