7 Recession-Resistant Stocks to Put Your Mind at Ease
Big changes may be over the horizon this November. With the wild election cycle shifting up another gear, it’s never been more important to consider adjusting one’s portfolio. That doesn’t mean investors should make wholesale changes: you never know what may happen next. Still, it makes sense to consider so-called recession-resistant stocks if you haven’t already done so.
This category of investing centers on established large-capitalization businesses. Because they’re so massive and profitable, they’re incredibly predictable. You can bank on the likelihood that over time, they will see a steady expansion of revenue and earnings. At the same time, the drawback of recession-resistant stocks is a lack of outright growth potential.
That might be a sacrifice worth making. Basically, if you have accumulated a lead late in the game, you don’t need to adopt risky defensive tactics in the hopes of turning the ball over. Instead, you just need to grind out the clock and preserve the lead. That’s what these recession-resistant stocks are designed for.
https://investorplace.com/2024/07/7-recession-resistant-stocks-to-put-your-mind-at-ease/
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