Recession Proof Stocks During Economic DownTurn

The Fed seems to be doing everything in its capacity to desperately curb the fears of recession. While tech stocks are getting beat up due to poor results and forecast its important to have a balanced portfolio. It seems that economy may take its own sweet time to recover as yesterday’s GDP data suggested that economy contracted for a second time last quarter. Therefore, its important to find companies that are recession proof and continue to provide solid returns and value during this economy turmoil. Below are some recession proof stocks worth considering:

Southwestern Energy Company (SWN), Royal Gold, Inc (RGLD), O’Reilly Automotive, Inc (ORLY), J.M. Smucker Company (SJM), Amgen Inc (AMGN), General Mills (GIS), Walmart Inc (WMT). Walmart shares are down more than 11% YTD, relative to the S&P 500 which has fallen about 16%. In the most recent recession, the retailer posted a 13.4% return and a 5.1% return during the Great Recession.

 

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Published by Benjamin Roussey

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

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