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These 3 Stocks Could Be Lifelines for Your Portfolio in a Recession


There's been a fair amount of chatter lately among pundits and experts that the global economy may be on course to sidestep the recession some had feared would result from central banks' inflation-fighting efforts, and instead make the "soft landing" those institutions had been aiming for. The stock market is reflecting this growing optimism. The S 500 is now up 10% from last month's low and is back to 26% above last October's bottom. We may be OK after all.

It would be unwise, however, to completely dismiss the possibility of a recession, and to fail to plan for the market bearishness such events can cause. Typically, recessions are trouble for stocks -- but this trio of tickers could actually thrive on economic weakness.

Unlike most other retailers, (NYSE: WMT) isn't vulnerable to the crimped consumer spending that typically accompanies a recession. That's because more than half of its revenue comes from the sale of groceries, which people are going to purchase regardless of the economic environment.

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Source Fool.com

Walmart Inc. Stock

€63.37
0.030%
With only a change of €0.020 (0.030%) the Walmart Inc. price is nearly unchanged from yesterday.
The stock is an absolute favorite of our community with 85 Buy predictions and no Sell predictions.
With a target price of 70 € there is a slightly positive potential of 10.46% for Walmart Inc. compared to the current price of 63.37 €.
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