2 Stocks That I'd Buy Even If a Recession Starts
With inflation proving to be harder to control than many experts predicted, and consumers starting to clearly pump the brakes on spending, there is a real possibility of a U.S. recession in the near future. To be clear, we could certainly still see the economic "soft landing" that the Federal Reserve has been aiming for, but it's not a guarantee by any means.
Therefore, it can be a smart idea to set your portfolio up with stocks that should do well regardless of what happens with the economy. With that in mind, of the roughly 40 stocks in my own portfolio, these are the two I'd worry about least if a recession were to arrive.
If I could own only one stock, it would probably be Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). For one thing, Berkshire isn't just a single business. It's more like a diversified investment portfolio all in one stock.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 4.5% for Berkshire Hathaway Inc. A compared to the current price of 622000.0 €.
