Buy This Stock If You're Worried About a Recession
On Tuesday, March 29, the U.S. Treasury yield curve briefly inverted, with two-year bonds offering a higher interest rate than 10-year bonds. This type of situation is a sign that investors are more worried about the economy in the near term than over the long term, and therefore they demand a better yield for the perceived level of heightened risk. What's more, it usually foreshadows an upcoming recession within the following 12 months.
From an investing perspective, finding companies that do well in an adverse economic scenario is a smart move to help you protect your portfolio. Booming discount-retailer Five Below (NASDAQ: FIVE), which just posted year-over-year revenue growth of 45.2%, is a business that should be on your radar right now.
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Source Fool.com