I'd Buy These 2 Stocks Right Now, Even With a High Chance of a Recession
Several analysts and economists have sharply increased their odds for a U.S. recession in the wake of President Donald Trump's aggressive tariffs announced on April 2. Just to name a couple, HSBC analysts see a 40% chance of a recession by the end of 2025, and JPMorgan Chase (NYSE: JPM) now sees a 60% chance of a global recession if the tariffs are left in place.The tariffs and expectations for their economic impact are already sending stocks sharply lower. The S&P 500 is down by about 16% from its recent high, and the Nasdaq is on the cusp of entering a bear market (defined as a drop of 20% or more from the peak). But there are some stocks that I'd be comfortable buying right now, even if we knew a recession was right around the corner.I've written before that if I were allowed to own only one stock, it would be an easy decision to invest solely in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). The Warren Buffett-led conglomerate is perhaps best known for its massive stock portfolio, but the other two parts of its business are what make it such an interesting investment during uncertain times.Continue reading
Several analysts and economists have sharply increased their odds for a U.S. recession in the wake of President Donald Trump's aggressive tariffs announced on April 2. Just to name a couple, HSBC analysts see a 40% chance of a recession by the end of 2025, and JPMorgan Chase (NYSE: JPM) now sees a 60% chance of a global recession if the tariffs are left in place.
The tariffs and expectations for their economic impact are already sending stocks sharply lower. The S&P 500 is down by about 16% from its recent high, and the Nasdaq is on the cusp of entering a bear market (defined as a drop of 20% or more from the peak). But there are some stocks that I'd be comfortable buying right now, even if we knew a recession was right around the corner.
I've written before that if I were allowed to own only one stock, it would be an easy decision to invest solely in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). The Warren Buffett-led conglomerate is perhaps best known for its massive stock portfolio, but the other two parts of its business are what make it such an interesting investment during uncertain times.
