3 Safe Stocks That Outperformed the S&P During the Great Recession
Fears about a possible recession are growing as interest rates rise and inflation keeps raging. While the economy has been performing well, investors wonder if a downturn could be on the horizon.
One way to recession-proof your portfolio is to look at outperforming stocks in the Great Recession, which took place from December 2007 to June 2009.
Three stocks that not only beat the S&P 500 during that time but generated double-digit returns were Vertex Pharmaceuticals (NASDAQ: VRTX), Ross Stores (NASDAQ: ROST), and Netflix (NASDAQ: NFLX). And while plenty has changed since then, these stocks could continue to be good buys if the economy slips into a recession again. Here's a look at their performance in the Great Recession:
Source Fool.com
