2023-04-18 09:37:29 ET
With a potential recession on the horizon, a stock market crash could be around the corner. It's never a good idea to panic and change your investment strategy out of fear. However, it is a good idea to periodically review your portfolio allocation and consider alternatives that align with your goals and risk tolerance.
These two stocks are interesting hedges if you want to add extra protection against a market correction.
Kraft-Heinz (NASDAQ: KHC) is a consumer staples stock that can limit losses and still generate returns during a market downturn. The company offers a number of well-known grocery food brands, including Oscar Mayer, Ore-Ida, Jell-O, Kool-Aid, Maxwell House, and its two namesake brands. Its products are sold in numerous countries on nearly every continent.
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Buying These 2 Stocks Is a Good Way to Hedge Against a Market Crash