3 Stocks to Buy During a Recession
The economy today is in a strong position, but you wouldn't be able to tell that by observing the S&P 500's 6% decline in January. With the Federal Reserve stating its intention to raise interest rates this year to pump the brakes on soaring inflation, investors could be worried that an economic slowdown is possible in the not-too-distant future. In that case, figuring out how to position your portfolio is a top priority.
Let's look at why Costco Wholesale (NASDAQ: COST), Home Depot (NYSE: HD), and O'Reilly Automotive (NASDAQ: ORLY) are three stocks you'll want to buy during a recession.
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Source Fool.com