3 Resilient Stocks to Help Solidify Your Portfolio
CEOs have warned that a recession could be on the horizon within the next year or two. During economic uncertainty, it's good to hold investments in companies with a proven track record of resilience in even the worst of times. You want to seek out businesses with steady demand for their products or services despite the economy.
McDonald's (NYSE: MCD), Progressive (NYSE: PGR), and Marsh & McLennan (NYSE: MMC) are three companies that fit the bill. These companies have proved themselves resilient amid economic downturns and are excellent stocks that can solidify your portfolio.
With rising prices and fears of a looming recession, McDonald's business gets a boost as customers seek low-cost alternatives. The fast-food chain attracts customers with its inexpensive deals, becoming an appealing option for those looking to save money.
Source Fool.com