2 Stocks That Are Beating Expectations In the Bear Market

Earnings season is here, and investors are bracing for what could be some poor quarterly results in the wake of rising costs and potentially tighter spending as people prepare for what could be a recession down the road. Many companies have already been struggling and are facing some tough outlooks for the future.

However, two businesses that seem to be resilient of late are Walgreens Boots Alliance (NASDAQ: WBA) and PepsiCo (NASDAQ: PEP). Both companies recently reported encouraging earnings numbers.

There are close to 9,000 Walgreens locations across the U.S. that serve an estimated 9 million people every day. The pharmacy retailer is a trusted brand for millions of Americans, and its stores have helped administer many COVID-19 vaccinations.

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Source Fool.com