Buying These 2 Stocks Is a Good Way to Hedge Against a Market Crash
Safe stocks are in demand thanks to global instability and the likelihood of rate hikes by the Federal Reserve. Nobody knows yet if a market crash is around the corner, but it makes sense to look ahead and find stocks that not only can survive the next crash but thrive despite it.
Think blue-chip stocks with a dividend that will reward investors even if the market remains volatile. On top of that, you want companies in sectors that are a little more recession-proof, such as healthcare and consumer staples, areas where it is difficult for most people to cut back.
That's why I like pharmaceutical giant Pfizer (NYSE: PFE) and food products maker McCormick & Company (NYSE: MKC).
Source Fool.com
