3 Recession-Proof Stocks to Buy Now
The COVID-19 pandemic stoked deep fears about how the economy would cope with the shutdowns required to get the disease under control. Consequently, stocks sold off in February and March as job losses and closures escalated.
However, investors often forget that some companies can prosper, even in harsh conditions, and may actually perform better when a recession occurs.
For those who don't forget, the recent crisis may a reason to reassess their stock portfolio and add some companies that can generate positive returns regardless of the state of the broader economy. Companies like Dollar Tree (NASDAQ: DLTR), Innovative Industrial Properties (NYSE: IIPR), and Verizon (NYSE: VZ) appear to match that description.
Source Fool.com
