2 Cathie Wood Stocks That Can Get You Through Any Recession
Economists at the U.S. Federal Reserve recently uttered the dreaded "R" word. They are now predicting a recession will come later this year. Investors have been bracing for this possibility for a while now, so it shouldn't come as too much of a surprise. Still, recessions can be scary, which is why it pays to prepare.
For investors looking for stocks that can get through challenging economic times, it might be helpful to take some inspiration from famous names on Wall Street. Cathie Wood, CEO of Ark Invest, is such a name. And some of her investment firm's ETFs have excellent stock picks that can help make any portfolio more recession ready.
Let's look at two examples: Vertex Pharmaceuticals (NASDAQ: VRTX) and (NASDAQ: REGN).
Source Fool.com
Regeneron Pharmaceuticals Inc. Stock
€993.40
1.730%
With 45 Buy predictions and 1 Sell predictions Regeneron Pharmaceuticals Inc. is one of the favorites of our community.
As a result the target price of 1034 € shows a slightly positive potential of 4.09% compared to the current price of 993.4 € for Regeneron Pharmaceuticals Inc..
