2 Recession-Proof Healthcare Stocks to Buy in 2020
In the first quarter of 2020, the U.S. GDP declined by 4.8% year over year. For the first time since 2008, the global economy is heading toward a recession (defined by two consecutive quarters of GDP decline) due to the COVID-19 pandemic.
The numbers are startling. Since January, over 4 million people around the world have been diagnosed with the virus, and there have been at least 290,000 deaths. Meanwhile, all major U.S. stock indices have experienced dramatic sell-offs. With murmurs that the recent bear market rally may come to an end, let's look at two stocks with the potential to hedge against a coronavirus-induced recession.
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Source Fool.com
