Question

What stocks are recession proof?

Answer 1

Answer:

One way is to invest in some stocks that are recession proof, or simply strong enough to hold their footing during tough times. Three such top recession-proof stocks to consider now are Waste Connections (NYSE:WCN), NextEra Energy (NYSE:NEE), and Johnson & Johnson (NYSE:JNJ).

Answer 2

Commonly the industries or stock that immune to the adverse impacts of any recession basically include items or goods that constitute basic and regular needs of people.These industries can also thrive during any economic downturn.

Explanation:

• Based on past records and historical evidences,some of the industries that are recession proof are medical/healthcare/pharmaceutical,food and restaurant services,freight and logistics,mechanical and repair etc.
• Hence,any company stock involved in the aforementioned sectors or industries are historically immune from the effects of recession.
• Most of the goods or commodities sold in these industrial sectors usually have a consistent consumer demand under any economic circumstances.For example,health care or medical products or medicines are required by people all year round regardless of the economic condition of any country.The same is true for food and restaurant businesses as people,in general,require food at all times even during economic downturn as it is a necessity for livelihood.The freight and logistical services are almost indispensable for business and commercial activities all over the country.
• Therefore,investing any company stock that belong to any of the above-mentioned industrial sectors are usually recession proof and perhaps can generate higher return during economic collapse.