Worried About a Recession? Buy These 2 Warren Buffett Stocks.
The U.S. economy has contracted for two straight quarters, but that doesn't mean the country is in a recession. The National Bureau of Economic Research declares when there's a recession, and it hasn't made that declaration thus far. With employment levels still high and other indicators showing the economy is doing well, the data isn't all pointing in one direction.
But instead of getting hung up on whether the country's in a recession or not, investors can just buy some safe stocks that are likely to get through any downturn and pay dividends. Two stocks which fit those criteria and that Warren Buffett's Berkshire Hathaway owns are Johnson & Johnson (NYSE: JNJ) and Kraft Heinz (NASDAQ: KHC).
Johnson & Johnson is one of Berkshire's smallest holdings, but it's still a stock that can be a safe place to put your money.
Source Fool.com
