3 Recession-Ready Stocks to Buy Right Now
If you believe the headlines, fear is mounting that the COVID-19 coronavirus outbreak and the oil price war will send the global economy into a recession. At this point, though, it's way too early to be talking about a coronavirus-related recession. Even so, recessions are part of the economic ebb and flow, so it would be normal to expect one at some point.
If you're looking for recession-ready stocks, then consider Axon Enterprise (NASDAQ: AAXN), Arista Networks (NYSE: ANET), and Pinterest (NYSE: PINS). All three operate businesses that could still thrive during a recession and have pristine balance sheets to weather a prolonged storm. Let's examine them a bit more than understand why investing in these companies might serve an investor well during a potential recession.
Image source: Getty Images.
Source Fool.com
