Buying These 2 Stocks Is a Good Way to Hedge Against a Market Crash
The S 500 has had a strong year so far in 2023, with the benchmark index producing a 15% total return through Nov. 9. However, there are still some potentially negative catalysts that could cause the overall stock market to take a dive.
If a market crash arrives, some stocks will be better positioned than others. These two, in particular, focus on recession-resistant businesses and have certain advantages that should get them through a market crash relatively unscathed.
To me, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is the clear answer to the question, "If you had to own only one stock during a bear market, what would it be?"
Source Fool.com
Berkshire Hathaway Inc. A Stock
€602,000
0.080%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 7.97% compared to the current price of 602000.0 € for Berkshire Hathaway Inc. A.
