2 Recession-Ready Stocks to Buy Right Now
Many market observers have called for a recession in recent years, but it still hasn't happened. Despite some bumps in the road here and there, the American and global economies continue to hum along.
There are new concerns that the record-breaking market expansion might be challenged by the economic impact of the coronavirus outbreak (or, perhaps more accurately, the impact of the response to the coronavirus outbreak) emanating from China. Even in that scenario, it's important to remember that recessions are a normal feature of the economy.
When the next one hits, investors shouldn't panic. In fact, you can even play a little defense by buying stakes in recession-resilient stocks like NextEra Energy (NYSE: NEE) and Essential Utilities (NYSE: WTRG). Here's why these solid businesses deserve a closer look.
Source Fool.com
