3 Stocks to Buy During a Recession
Is the American economy in a recession right now? Some economists say yes, since there have been two consecutive quarters of negative GDP growth, a long-standing benchmark of a recession. Other economists say no and point to the low unemployment rate. As with many economic arguments, it can be hard to follow.
But here's one thing that isn't complicated: Most Americans think we're in a recession. According to one poll, 58% say so. So where should investors put their money right now? Here are three stocks I think will sail through the current economic turbulence.
At 91 years of age (92 on Aug. 30), Warren Buffett has seen plenty of recessions. And through each of them, one thing has remained constant: Berkshire Hathaway (NYSE: BRK.B) came out the other side just fine.
Source Fool.com