3 Stocks to Buy During a Recession
While the U.S. economy seems to be chugging along fine at the moment, inflation is hitting its highest level since 1981. As interest rates rise to combat inflation, there's also the specter of a recession hitting the economy should high rates damp investment demand and hold businesses back from spending on capital equipment. A downturn may sound like a bad thing, but such economic events are part of the natural ebb and flow of any developed economy.
Investors can also view recessions as opportunities to load up on shares of high-quality, well-run businesses. Such companies should ideally boast a strong competitive moat and brand name, possess an impressive operating track record, and have a proven ability to navigate past downturns successfully. By including such businesses within your investment portfolio, you can sleep well at night while growing your money at the same time.
Here are three stocks you can consider buying during the next recession.
Source Fool.com
