TMUS - 3 Recession-Resistant Tech Stocks to Buy Now
A slowdown in economic growth is almost certain, and maybe, just maybe, even a recession is on the way. Why? Inflation is running hot, and the U.S. Federal Reserve is raising interest rates to combat it. As a result, the interest rates on two-year and 10-year Treasury Bills are nearly the same. If the two-year yield goes higher -- a phenomenon known as the "yield curve inversion" -- it sometimes (though certainly not always) predicts a recession.
Don't panic. Instead, take stock of what's in your portfolio, and make sure the companies you own are high-quality with the means to survive some hardship. (It's a good practice at any time, but especially if slowing economic growth is coming.) Right now, three Fool.com contributors think T-Mobile US (NASDAQ: TMUS) , Intuitive Surgical (NASDAQ: ISRG) , and Fiverr International (NYSE: FVRR) fit that description. Here's why.
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3 Recession-Resistant Tech Stocks to Buy Now