3 Stocks That Outperformed the S&P 500 During the Great Recession
Are you worried about a possible recession next year? It's understandable given some of the discussion going on about the economy these days. But even if it happens, that's not necessarily a reason to exit the markets and sell all your investments.
There are no real guarantees when it comes to the ups and downs of the economy, how long any possible recession might be, or how it might impact the markets. Even in a recession, some stocks are more resilient to its effects than others.
The Great Recession of 2007-2009 offers some clues about the types of stocks that may be more resilient than others. While not entirely "recession-proof" investments, three stocks were able to outperform the S 500 during the last big recession in the U.S. They were Walmart (NYSE: WMT), McDonald's (NYSE: MCD), and Amazon (NASDAQ: AMZN).
Source Fool.com
Walmart Inc. Stock
The stock is an absolute favorite of our community with 93 Buy predictions and no Sell predictions.
With a target price of 74 € there is a slightly positive potential of 5.91% for Walmart Inc. compared to the current price of 69.87 €.