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).

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Source Fool.com