If you want to survive the next stock market crash, you have to think big -- as in huge pharmaceutical companies such as Johnson & Johnson (NYSE: JNJ) , AbbVie (NYSE: ABBV) , and Eli Lilly (NYSE: LLY) . These healthcare companies have the staying power and attractive dividends to keep rolling.
AbbVie stock is about flat year to date, and while it had a brief dip when the recession first hit, the recovery of its share price was quick. Johnson & Johnson, down 1% this year, and Eli Lilly, up more than 14% for 2020, had similar speedy comebacks.
One caveat: Just because a company survived this year's pandemic intact doesn't mean it will come out of the next recession unscathed. A different financial dynamic is at work in every recession, and it's not always one you can see coming. But knowing there will be unknowns, it makes sense to look at companies with steady, balanced growth and secure dividends.
For further details see:
3 Stocks to Buy Ahead of the Next Market Crash