Are countercyclical stock risky

Countercyclical stocks, which tend to perform well during economic downturns while underperforming during expansions, can be considered less risky compared to cyclical stocks. They often belong to industries such as utilities or consumer staples, which provide stable demand regardless of economic conditions. However, like all investments, they carry inherent risks, including market volatility and sector-specific challenges. Therefore, while they may offer some protection during recessions, they are not entirely risk-free.