Is Coca-Cola Stock Recession-Proof?
As the U.S. economy deals with both a recession and the COVID-19 pandemic, it's a good time to look at your portfolio and examine which companies will do well under unfavorable economic conditions. Even some companies that have proven recession-resistant in the past are adapting to atypical conditions now.
For instance, the shutdown measures that governments around the world have taken to minimize the spread of the novel coronavirus have taken a toll on Coca-Cola (NYSE: KO). Certain U.S. states and the U.K. have revisited or rolled back reopening plans, putting a crimp in how quickly the beverage maker's results will recover.
Source Fool.com
