5 Signs You May Have a Recession-Proof Stock
There's no such thing as a risk-free stock, but some businesses are better equipped to handle recessions than others. In recessions, some types of businesses are more likely to remain profitable and even keep growing, no matter how bad the economy gets.
Here are five things to look for when assessing a company's ability to weather an economic storm. If a stock you're looking at meets all or most of these criteria, you might have a recession-proof stock (or as close to it as you can get).
Not all recession-proof businesses fall into this category, but the vast majority do. Recession-proof businesses sell things people need, as opposed to things people (or businesses) want.
Source Fool.com
