1 Recession-Resistant Dividend Stock I'd Buy Right Now
Recession fears have rocked the stock market over the past couple of weeks because of the impact the COVID-19 outbreak is starting to have on the global economy. No one is quite sure how much effect it will have, which is why stock traders are selling first and asking questions later.
While a full-blown global recession would probably send stocks even lower, the panic-induced sell-off is providing long-term investors with what could turn out to be excellent buying opportunities. One of them is Brookfield Infrastructure Partners (NYSE: BIP), which has declined by about 8% from its peak earlier in the year. It's one of the few companies that could end up thriving if there's a recession, which makes it a great stock to buy during these uncertain times.
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Source Fool.com
