DG - 2 Top Stocks to Buy if the U.S. Slips Into Recession
According to a Bloomberg survey, 30% of polled economists believe the U.S. could enter a recession within the next 12 months. And with the inflation rate hitting 8.6% in May, consumers are under huge pressure to make ends meet.
In times like these, investors should bet on companies built to thrive in an economic downturn. Let's explore why Dollar General (NYSE: DG) and Vector Group (NYSE: VGR) fit the bill.
With its shares up 5% in 2022, Dollar General is outperforming the S&P 500 , which has fallen 18% in the same period. The discount retailer can maintain its bull run through expanding store count and a compelling strategy to tackle supply chain challenges and inflation.
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2 Top Stocks to Buy if the U.S. Slips Into Recession