3 Stocks to Recession-Proof Your Portfolio
The past decade has rewarded investors with remarkable returns but investors might not want to underestimate the odds that an economic recession could be looming. The average period of economic growth lasted just 3.2 years up until 2009 and that data alone could suggest this bull market expansion has gotten a little long in the tooth. If you're concerned the economy is on borrowed time, then here's why adding Waste Management (NYSE: WM), Brookfield Renewable Partners (NYSE: BEP), and McDonald's (NYSE: MCD) to your portfolio could be wise.
Tyler Crowe (Waste Management): There are few things more recession-resilient than our propensity to throw stuff away. The need to properly handle and dispose of refuse during the good times and bad make Waste Management one of the best stocks to own for decades when the market is expanding or receding.
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