1 Safe Stock That Outperformed the S&P During the Great Recession

The S&P 500's performance in 2022 -- down more than 20% -- is a clear indicator of investor pessimism as we look ahead. A combination of factors, from soaring inflation, rising interest rates, the war in Ukraine, corporate layoffs, and still-struggling supply chains, are causing many to raise the alarm on the economy in the near term.

If you're worried, like many other investors are right now, that a recession is on the way, then take a look at O'Reilly Automotive (NASDAQ: ORLY) as a stock to protect your portfolio and peace of mind.

The last economic downturn (besides the 2020 pandemic-induced one) that the U.S. faced was the Great Recession that started in Dec. 2007 and lasted until June of 2009. Caused by an overextension of subprime mortgages and a hot housing market, the S&P 500 shed 36% of its value during this roughly 18-month stretch. O'Reilly Automotive, on the other hand, produced a positive return of 14% over the same time period.

Source Fool.com