Aggressive Federal Reserve interest rate hikes, the economic stress from the conflict in Ukraine
and persistently elevated inflation have investors concerned about a potential U.S. recession
coming at some point in the next year or two
When the U.S. economy tanks, even most high-quality stocks get dragged down with it.
However, during the past two U.S. recessions in 2008 and 2020
there were still a handful of stocks that significantly outperformed the S&P 500.
These recession-resistant stocks can help you play defense if a bear market does occur.
Consider these defensive stocks during a market downturn.
– Synopsys Inc. (SNPS) – Target Corp. (TGT) – Lowe's Cos. Inc. (LOW) – Walmart Inc. (WMT) – Abbott Laboratories (ABT) – NextEra Energy Inc. (NEE) – Home Depot Inc. (HD)
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