2 Stocks That Could Survive the Next Recession
Are we headed toward a recession? Some analysts seem to think so. And with the stock market still feeling the weight of geopolitical tensions, not to mention rising interest rates, the current slump that equities are experiencing could linger for a while.
Investors looking to buy stocks under these conditions would do well to select companies that have what it takes to survive severe downturns. Let's look at two companies that fit the bill: Amgen (NASDAQ: AMGN) and Microsoft (NASDAQ: MSFT).
Biotech Amgen has been around since 1980, and in that time the company has survived several recessions. Of course, that's no guarantee that it will do so again, but the company's business is well-positioned to remain at least somewhat healthy even during the worst economic downturns. Other than basic necessities (food, shelter, etc.) patients will cut back on almost anything else before lifesaving medicines.
Source Fool.com
