7 TOP Stocks to Buy in 2023 (Proof)
What stock goes up after the recession and why?
These seven blue-chip stocks hold their ground when the economy stumbles.
During the global financial crisis of 2007-2009, Walmart Inc. was the one company out of all 30 constituents in the Dow Jones Industrials Average to post a positive return between the beginning and end of the 2008 bear market.
Discount retailers such as Walmart are the ultimate recession-proof businesses. People may forgo luxury shopping for an extended period.
McDonald's was one of the best-performing stocks of major blue chips during the 2008 financial crisis, and it also bounced back quickly in 2020. It benefits from similar factors as Walmart.
Most investors associate Home Depot with the housing market. As such, it must have crashed in 2008, right? No, it didn't. Home Depot stock only dropped 12% in 2008, while the broader S&P 500 plunged 37%. Home Depot held its ground even as the economy crumbled due to problems in the housing and mortgage markets.
Procter & Gamble has been a longtime giant in consumer staples and currently generates roughly $80 billion in annual revenues. The company had a rough patch in the 2010s as it struggled to grow amid rising competition.
Pfizer has been one of the most successful pharmaceutical companies of the past few years. According to data analytics company GlobalData, Pfizer enjoyed the third-fastest revenue growth out of the world's 20 largest biopharma companies between 2020 and 2021.
The healthcare sector is a great place to find recession-proof stocks. And Johnson & Johnson is a unique example even within the sector.
Returning to 2008, one of the best performers in the Dow Jones Industrials Average was Kraft.
0:00 Intro
0:07 Stock #7 2008 Recession Example
0:21 Stock #7 2020 Recession Example
0:32 Stock #7 Reasons to Buy Now
1:45 Stock #6
2:16 Stock #6 Top Reason to Buy Now
2:39 Stock #5
2:44 Stock #5 2008 Example
3:26 Stock #5 Bear Market
3:36 Stock #4
3.41 Stock #4 Revenue
3:46 Stock #4 2008 Example
4:22 Stock #4 Dividends
4:29 Stock #3
4:34 Stock #3 Revenue
5:14 Stock #3 Under Valued
5:22 The Health Care Sector
5:26 Stock #2
5:36 Stock #2 Reason to Buy Now
6:11 Stock #2 Dividends
6:16 Stock #1