Cryptocurrency Q&A What stocks are safest in a recession?

What stocks are safest in a recession?

mia_harrison_painter mia_harrison_painter Fri Oct 25 2024 | 6 answers 833
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. What stocks are safest in a recession?

6 answers

HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Sun Oct 27 2024
This is because these stocks offer products and services that consumers continue to need regardless of economic conditions.

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SunlitMystery SunlitMystery Sun Oct 27 2024
Similarly, health care stocks also tend to perform well during downturns.

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KimonoGlory KimonoGlory Sun Oct 27 2024
The demand for healthcare services remains consistent, even when the economy is struggling.

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AndrewMiller AndrewMiller Sun Oct 27 2024
Utilities stocks are another sector that has shown resilience in the past.

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Martina Martina Sun Oct 27 2024
Consumer staples stocks have historically proven to be resilient during recessions.

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