3 Sparkling Luxury Stocks
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When investors talk about "recession-proof stocks," they are usually referring to companies that will continue to survive and thrive even if their customers have to tighten the metaphorical belt and pinch the proverbial penny. No matter how bad things get, the common wisdom goes that there will always be a place for budget retail, consumer staples, waste management, and even stress-relieving commodities like alcohol and cigarettes.
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Source Fool.com