1 Top Stock to Buy During a Recession
There are two types of stocks that should be at the top of your buying list when the next recession rolls in.
You will want to pick up shares of objectively great companies that are sure to weather any storm. Their shares may go on fire sale due to concerns about the market, the global or local economy, changing consumer trends, or a gazillion other worries, but their long-term business prospects are not going away and you should buy them on the dip.
And then you have companies that actually do better during market downturns. Maybe it's a discount retailer that sees more in-store activity when people's personal budgets are tight. Perhaps you're looking at an alternative transportation and travel stock that thrives when airlines struggle. Or, you could be thinking about an upstart with disruptive business ideas that is just waiting for its turn in the spotlight -- and the particular conditions of the next recession might deliver the right mix of ingredients.
Source Fool.com
