3 Stocks to Buy During a Recession
It only seems as if all stocks have been trending downward this year. Yet, there are stocks that always seem to do well when there's a recession -- or even a threat of one.
Dollar Tree (NASDAQ: DLTR), Johnson & Johnson (NYSE: JNJ), and Flowers Foods (NYSE: FLO) thrived during the last recession, from December of 2007 to June of 2009, and all three are faring well so far this year. That's because they all have a common thread; they provide something that people need, regardless of the economy.
Dollar Tree helps people stretch their money by selling low-cost variety items. Flowers Foods is benefiting because the same trends that led people to cook at home during the pandemic are carrying over -- meaning people see they can save money by buying Flowers' products and eating at home. Johnson & Johnson is a huge healthcare company, and people always need its products, including during tough times.
Source Fool.com
