3 Stocks to Buy If You're Worried About a Recession
With the long bull run in stocks extending to a 10th year -- the S&P 500 index is up nearly 28% for 2019 and the tech-heavy Nasdaq Composite up nearly 35% -- it's no wonder people are worried about an impending recession. While there are no hard-and-fast rules on how long bull markets should last, people are also cognizant of the fact that valuations have been climbing steadily and optimism reigns high.
One important thing to note is that recessions are fairly common occurrences, but the duration and depth of each may vary widely. The global financial crisis of 2008-2009 was considered a deep recession, but the stock market only stayed at a depressed level for less than a year (October 2008 through March 2009) before rebounding strongly. In fact, recessions provide savvy investors with juicy opportunities to acquire great companies at bargain-basement valuations.
That said, there are many companies that investors can consider buying to buffer themselves against a recession. Here are three of them.
Source Fool.com
