ENB - 3 Recession-Proof Stocks to Buy Now
Cracks are beginning to emerge in the global economy, made worse by the continued trade dispute between the U.S. and China. It has many investors beginning to worry that we could be on the brink of a recession. The next downturn is likely to weigh on corporate earnings, causing stock prices to plunge.
Some companies, however, have taken steps to insulate themselves from a recession and should do well even if economic conditions worsen. Three such recession-resistant stocks are Brookfield Infrastructure Partners (NYSE: BIP), TerraForm Power (NASDAQ: TERP), and Enbridge (NYSE: ENB). Here's why they all make great buys ahead of the next economic downturn.
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