PLNT - 3 Top Stocks to Recession-Proof Your Portfolio
Astute investors focused on the long term always analyze potential investments to see how they'd perform in a hypothetical recession. To build sustainable wealth in the stock market, it is prudent and beneficial to seek out stocks that are resilient during adverse economic scenarios. This is of the utmost importance in today's economic climate, where owning these companies not only provides growth potential, but delivers peace of mind in tough times.
Three stocks that can recession-proof your portfolio are Chipotle Mexican Grill (NYSE: CMG), Costco Wholesale (NASDAQ: COST), and Planet Fitness (NYSE: PLNT).
Chipotle is a household name in fast-casual dining. The company's giant burritos and burrito bowls have become a favorite over the years for consumers seeking high-quality food at a value.