TRUP - 3 Top Stocks to Recession-Proof Your Portfolio
Resilient companies can often also be categorized as recession-resistant companies. Some of them offer products that people need to buy in good times and in bad. Others offer something attractive when money is scarce.
Owning shares of resilient companies is essential to a well-rounded portfolio, especially when a recession hits. Having them can help balance your portfolio's performance so that it takes less of a hit during bad times, while still performing well in the good times.
Let's take a look at three companies for 2020 that can help recession-proof your portfolio and generate maximum performance, no matter the economic situation.