3 Recession-Proof Stocks to Buy Now
Long-term investors have the best chance of retiring with wealth. But holding stocks long-term means weathering all types of financial climates, including recessions. Over time the broader market has always rebounded and returned stronger after recession dips, and the best course of action is to buy great companies and more or less close your eyes.
Costco Wholesale (NASDAQ: COST), Wayfair (NYSE: W), and Amazon (NASDAQ: AMZN) are three great companies that can easily weather a recession.
Shoppers showed what really matters to them during the pandemic, and Costco again demonstrated that it's a master at recession-proof shopping.
Source Fool.com