SJM - 3 Stocks to Buy if You're Worried About a Recession
Recessions create a tough environment to trade stocks in. Very few stocks do well when the economy is spluttering, so the best option for an investor generally is to find someplace to hide their investment funds while waiting for things to get better.
This often means finding the least lousy stock. The consumer staples sector is a popular place to find stock investment shelter, as people will always buy things like food, toiletries, or laundry detergent regardless of the state of the economy. That said, when the economy slows, stock market multiples can contract, so even defensive stocks can be somewhat vulnerable.
But if you are worried about a recession hitting your stock portfolio, there are options to consider. While many stocks in the broader market are still down for the year, two of these stocks have risen in value year-to-date, and one is down only marginally. All three are worth consideration.