The Best Stocks To Invest In During A Bad Economy
Investors wanting to make money or keep their portfolios afloat during rough economic times have to make careful choices
The American economy has had a rough year in 2022. Rampant inflation, continued Covid-19 concerns and ongoing geopolitical issues have combined to make a perfect storm. As a result, stocks have taken quite a tumble with the S&P 500 being down more than 14% for the year as of the end of November, and the NASDAQ down over 26% over the same period. There is no such thing as a magical asset that only continues to ever go up. However, investors wanting to hedge their bets and reinforce their portfolios may want to consider stocks that have traditionally done better than most during trying times.
**None of the stocks/companies mentioned below are listed with the intent to suggest that you should buy, sell or hold any of them. They are simply being used as examples.**
Blue Chip Stocks:
Although blue chip stocks rarely give the types of exponential gains many investors crave, it doesn’t mean they aren’t good value for portfolios. These are companies that are the creme de la creme of the business world and have already established themselves as businesses with a rock solid track…