Whats good Wealthbuilderz its yah boy DeVaughn with another video. Today we are talking about 5 Recession proof stocks. Before we get started make sure you subscribe to the youtube channel
we talk about making more money, saving more money, building a better you and business.
So with all that stated lets talk about the 5 recession proof stocks
I got a few of them from this site fool.com. its a really good site. You need to check it out when you get a chance.
The first pick for recession proof stocks will be going to Johnson & Johnson Ticker JNJ
Johnson & Johnson has three operating segments, each of which perfectly balances out this consistently growing company. Pharmaceuticals, for instance, provide the bulk of J&J’s margins but patent exclusivity on branded drugs is finite.
Meanwhile, medical devices and consumer healthcare products are slower growing segments but they respectively offer a longer-term growth opportunity, substantive pricing power, and cash flow predictability.
The 2nd pick will be going to At&t Stock ticker NYSE T. This is another boring company but consistently pays dividends because people are truly addicted to their smart phones
Usually during a recession people don’t pay subscriptions but when it comes to a phone its more of a necessity now. So its safe to say companies like At&t aren’t going to decline any time soon.
My 3rd pick for a recession proof stock P&G aka Proctor and Gamble. Because of basic needs like toilet paper detergent, paper towel and toothpaste makes this company super recession proof.
Proctor And Gamble is a successful company because the prices of these basic everyday needs are on a
continuous rise. These higher-margins and the panic buying that happens whenever there is a slight
emergency makes this a winning recession proof stock.
4th on the list is of the recession proof stocks is Next Era Energy Ticker NEE. They are the top provider of green energy in the U.S. There is no company in the U.S. that generates more electric power from solar or wind than Next Era.
The fact that consumers don’t base their electricity, gas, or water consumption habits on the state of the
economy. This makes this company or most utility companies a sure bet in a recession.
5th Stock That I Believe is Recession Proof is Visa Stock ticker V
The reason is they are not lenders like some of its peers.Even though this limits earning but also limits financial exposure in a recession. The main thing with being such a dominate force within the U.S. marketplace is that they have over 50% of the market share when it comes to the payment processing space. Even in hard times consumers in this country find a way to spend and use plastic aka credit cards more often then not.
5 Recession Proof Stocks Video
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