2023-04-20 05:31:00 ET
A recession could come this year as the Fed continues its efforts to slow down the economy and get inflation under control. But even in a downturn, there are some stocks that are still worth buying and holding right now.
A couple of robust businesses that I expect to outperform many of the stocks that comprise the S&P 500 and to be great long-term buys regardless of what happens with the broader economy this year are McDonald's (NYSE: MCD) and UnitedHealth Group (NYSE: UNH) . Let's find out a bit more about these two dividend stocks and what makes them recession resistant.
A recession could hurt many businesses this year as consumers scale back on spending. But what makes McDonald's appealing is that its relatively low-priced meals (especially its dollar menu) can help people keep their spending down while still being able to eat out. It's a small luxury that consumers could justify, even in tough times, and that's why I see the business as potentially being resilient should a recession take place.
For further details see:
2 Dividend Stocks to Buy Even If You're Worried About a Recession