3 Stocks That Beat the S&P During the Great Recession

Some experts are saying a recession could happen this year. If it does, investors will be looking for suggestions on safe stocks to hold. Such an economic event is likely to have widespread impacts in every sector, even if only indirectly. Luckily, there are some stocks that are more resilient to the negative effects of a downturn.

Three stocks that outperformed the S&P 500 during the 2007-09 Great Recession were Gilead Sciences (NASDAQ: GILD), McDonald's (NYSE: MCD), and Walmart (NYSE: WMT). Let's take a look at why these three stocks are recession resistant (including resistance to the effects of inflation), and why they make safe investments to hold in 2023.