3 Recession-Proof Healthcare Stocks to Buy for 2021
Healthcare was one of the few industries to emerge from 2020 relatively unscathed in comparison to much harder-hit sectors such as retail, travel, or energy. The top-performing healthcare stocks in 2020 have a few prominent characteristics. Many of them rely on a diversified portfolio of products that attract consistent demand or target specific consumer populations, such as the rare disease market or diabetes care.
Whether or not you're concerned about another market crash in 2021, it's still important to limit your portfolio's exposure to excess risk by filling your basket of stocks with recession-proof buys. And if you're the type of investor who likes to spice things up with a handful of riskier stocks, these pandemic stalwarts can provide some equilibrium to the rest of your portfolio.
Let's take a look at three recession-proof healthcare stocks that were at the top of their game in 2020 and are excellent buys for 2021.
Source Fool.com
