Meet the Stock I'd Be Comfortable Buying, Even If a Recession Is Coming
If we knew a recession was coming, most investors would stop putting money into the stock market. To be fair, most stocks would likely fall -- at least a little -- if a recession were to arrive in the United States.First, a recession is coming. The only question is whether one happens soon, or at some point in the future. Historically, a recession happens in the United States every six to seven years and is a normal part of the economic cycle. So, it's smart for investors to take a look at recession-resistant investments, regardless of what happens in the coming weeks or months.With that in mind, while nobody can accurately predict when a recession will arrive, one stock that I'd be completely comfortable buying shortly before a recession is Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Not only do I think the Warren Buffett-led conglomerate would perform quite well during a recession, it would be likely to get even stronger because of one.Continue reading
If we knew a recession was coming, most investors would stop putting money into the stock market. To be fair, most stocks would likely fall -- at least a little -- if a recession were to arrive in the United States.
First, a recession is coming. The only question is whether one happens soon, or at some point in the future. Historically, a recession happens in the United States every six to seven years and is a normal part of the economic cycle. So, it's smart for investors to take a look at recession-resistant investments, regardless of what happens in the coming weeks or months.
With that in mind, while nobody can accurately predict when a recession will arrive, one stock that I'd be completely comfortable buying shortly before a recession is Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Not only do I think the Warren Buffett-led conglomerate would perform quite well during a recession, it would be likely to get even stronger because of one.
