4 Recession-Proof Stocks to Buy Now
The U.S. — and the rest of the world — is in a recession. Sure, signs of economic recovery are already popping up, but many industries are likely to feel long-lasting pain. Think about all the consumers who will delay vacations. Or all the states still preventing dine-in restaurant service. There’s just a lot weighing on the global economy right now.
That’s why InvestorPlace’s Tezcan Gecgil says it’s time for investors to get serious about protecting their portfolios. She likes a group of four stocks she sees as recession-proof plays. They are in defensive spaces, like consumer packaged goods. Some of her recommendations even pay dividends.
If you want proof that a little protection is what you need right now, InvestorPlace spoke with Sanjiv Sabherwal, the Goolsby-House Endowed Chair and Professor of Finance at the University of Texas at Arlington. Sabherwal shared some key insight on reopening the economy....
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