Navigating the Impending Recession: Stock Picks and Predictions.
The Federal Reserve expects a mild recession to occur later this year, making investors flock to historically profitable, time-tested businesses. Healthcare conglomerate Johnson & Johnson and telecom stock Verizon Communications are two Dow stocks that are smart buys during a recession, while commercial airline and defense company Boeing is one to avoid. Johnson & Johnson's pharmaceutical and medical technologies segments provide cash-flow stability, while Verizon's 5G revolution and broadband operations offer growth potential. Boeing's history suggests it's not worth the trouble during a recession, with the worst performance among the S&P 500's components.
- The Fed Expects a Recession: 2 Dow Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague The Motley Fool
- The economy has skirted a recession for more than a year The Washington Post
- Wall Street investors recession bet may cause bond, stock market crash Business Insider
- A recession may be coming — here's how long it could last, according to economists CNBC
- Stocks Beat Cash Even If You Could Time a Recession Bloomberg
Reading Insights
0
9
6 min
vs 7 min read
93%
1,277 → 93 words
Want the full story? Read the original article
Read on The Motley Fool