I'm looking for stocks that are considered safest during an economic recession. I want to invest in stocks that can withstand economic downturns and provide stability to my portfolio.
6 answers
HanbokGlamourQueenEleganceBloom
Sun Oct 27 2024
This is because these stocks offer products and services that consumers continue to need regardless of economic conditions.
SunlitMystery
Sun Oct 27 2024
Similarly, health care stocks also tend to perform well during downturns.
KimonoGlory
Sun Oct 27 2024
The demand for healthcare services remains consistent, even when the economy is struggling.
AndrewMiller
Sun Oct 27 2024
Utilities stocks are another sector that has shown resilience in the past.
Martina
Sun Oct 27 2024
Consumer staples stocks have historically proven to be resilient during recessions.