2 Recession-Proof Stocks to Consider for 2023
Next year is likely to be a tumultuous one, as the global economy could sink into a recession. Investing before a downturn can be risky, as there's the potential for companies to struggle and sales and profits to decline.
However, some businesses are built to weather the storm, and two stocks worth watching heading into 2023 are Curaleaf Holdings (OTC: CURLF) and Ferrari (NYSE: RACE). These companies could be relatively resilient, even in a softer economy.
The marijuana industry isn't a popular one to invest in these days, as without federal legal reform there isn't much to get excited about. Curaleaf's sales growth has also slowed to the single digits, which is a far cry from where it has been in the past.
Source Fool.com
