Recession-proof companies
In a recession, we need to be thinking about the needs of US citizens that would enable them to save money. That means that people will not be spending on vacations and leisure, they won’t be buying cars, etc. They will be shopping in places like $Walmart (WMT.US)$ , $Dollar General (DG.US)$, $Dollar Tree (DLTR.US)$ and eating at fast food restaurants like $McDonald's (MCD.US)$, and staying home and drinking $Coca-Cola (KO.US)$. Staying home means an increase in consumers buying products from companies like $Johnson & Johnson (JNJ.US)$ and $Procter & Gamble (PG.US)$. What other recession-proof stocks would you rotate your money into during a recession? Do you own any of these? Don’t settle for crumbs. Go for the whole loaf! Follow for more!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
YouTuber, Teacher & former Financial Advisor. Helping retail investors reach financial freedom! Get the whole loaf!
11KFollowers
10Following
7292Visitors
Follow
whqqq : You're right. No matter how the recession affects, people will still buy food and daily necessities. Whether in the United States or other countries.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")