7 Stocks to Buy That Can Soar in Good Times or in Bad
Many commentators, analysts, and economists are convinced that the U.S. will enter a recession next year. Given the strength of the labor market and of corporate balance sheets, along with the onshoring phenomenon and the many jobs that the energy transition is creating, I have my doubts as to whether a recession is on the way. Still, I can certainly understand investors’ desire to find recession-proof growth stocks to buy. Such equities can come in a few different forms. Pharmaceutical stocks rely primarily on governments and health insurers for their revenue, neither of which is overly affected by recessions. As a result, the shares of successful drugmakers can soar in good times and bad. Then there are the companies that become more popular with some consumers during recessions. Also known as “trade-down” stocks, fast food chains and deep-discount retailers fall into this category. Finally, there are companies that sell products that most consumers, companies and governments will find necessary even during recessions, such as energy and cybersecurity.
7 Stocks to Buy That Can Soar in Good Times or in Bad
Many commentators, analysts, and economists are convinced that the U.S. will enter a recession next year. Given the strength of the labor market and of corporate balance sheets, along with the onshoring phenomenon and the many jobs that the energy transition is creating, I have my doubts as to whether a recession is on the way. Still, I can certainly understand investors’ desire to find recession-proof growth stocks to buy. Such equities can come in a few different forms. Pharmaceutical stocks rely primarily on governments and health insurers for their revenue, neither of which is overly affected by recessions. As a result, the shares of successful drugmakers can soar in good times and bad. Then there are the companies that become more popular with some consumers during recessions. Also known as “trade-down” stocks, fast food chains and deep-discount retailers fall into this category. Finally, there are companies that sell products that most consumers, companies and governments will find necessary even during recessions, such as energy and cybersecurity.