2 Stocks to Buy and Hold Through Any Market Downturn
Some investments are better equipped to survive recessions and market corrections than others. A strong balance sheet helps a lot, and it's even better if management is willing and able to adapt to a changing business environment.
These are excellent qualities in the best of times as well. However, flexibility and a solid financial footing will separate the wheat from the chaff when the market turns bearish. These are the companies that will survive the longest and roughest of storms, looking like a winner amid the widespread wreckage on the other side.
So if you expect the economy to continue the downtrend of the last six months, you should consider grabbing a few shares of Micron Technology (NASDAQ: MU) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) right now. These businesses come with heaping helpings of the game-changing features mentioned above, and the deal gets even sweeter when the stocks are trading at fire-sale prices.
Source Fool.com
