2 Recession-Proof Healthcare Stocks to Buy for 2021
As 2020 comes to a close, it's time for investors to start thinking about the year to come. Unfortunately, with the coronavirus pandemic still a big problem for the U.S. and the world, there remains lots of uncertainty ahead. There's no guarantee that the economy will be out of its slump next year; in fact, we could be due for a long, deep recession.
To combat this possibility, investors may want to look at a couple of healthcare stocks that should be solid investments to hang on to through a recession. Both Johnson & Johnson (NYSE: JNJ) and Becton, Dickinson (NYSE: BDX) are long-term buys that can keep your portfolio safe during an economic slowdown. Here's why these are especially great choices if you're worried that things won't get much better next year.
Although Johnson & Johnson continues to face its share of legal problems, with lawsuits relating to opioids, baby powder, and more, it's still, generally speaking, a trusted, well-known brand around the world that continues to generate strong sales numbers.
Source Fool.com
