2 Healthcare Stocks You Can Buy and Hold for the Next Decade
Earlier in June, the two-year Treasury yield rose to a higher level than the 10-year Treasury yield. This is referred to as a yield curve inversion, which often signals that the market believes a recession is on the horizon. Out of the 28 times that the U.S. yield curve has inverted since 1900, a recession has followed shortly thereafter on 22 occasions.
This is why investors may want to think about adding recession-resistant stocks to their portfolio. The healthcare sector has historically held up well in recessions because of the nondiscretionary nature of the goods and services that it provides to patients. Here are two stocks that investors can confidently buy and hold for the next decade to compound their wealth.
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Source Fool.com
