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Recession-proof stocks during economic downturns

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The Fed appears to be doing everything it can to desperately quell recession fears. ​​​​​​​While technology stocks are falling due to poor results, it is important to have a balanced portfolio. It looks like the economy may take time to recover as yesterday’s GDP data suggested the economy shrank for the second time last quarter. Therefore, it is important to find companies that are recession-proof and continue to deliver solid returns and value during this economic turmoil. Below are some promotions to look out for:

Southwestern Energy Company (SWN), Royal Gold, Inc (RGLD), O’Reilly Automotive, Inc (ORLY), JM Smucker Company (SJM), Amgen Inc (AMGN), General Mills (GIS), Walmart Inc (WMT). Walmart shares are down more than 11% year-to-date, compared with the S&P 500, which is down about 16%. During the most recent recession, the retailer posted a return of 13.4%, and during the Great Recession it posted a return of 5.1%.

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Published by Benjamin Rousey

Benjamin Russi is from Sacramento, California. He has two master’s degrees and served four years in the US Navy. His undergraduate degree was from CSUS (1999) where he received a baseball pitching scholarship. His second graduate degree is an MBA in Global Management from the University of Phoenix (2006). He has worked in small businesses, government agencies and large corporations. He has lived in Korea and Saudi Arabia, where he was an ESL instructor. Benjamin spends his time between Northern California and Cabo San Lucas, Mexico, devoting himself to the craft of freelancing and writing websites. http://www.facebook.com/ben.rouss
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