Stock market investing: 7 recession-resilient stocks to buy now

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A portfolio manager at a $41 billion investment firm explains why US stocks aren't as attractive as their international counterparts — and shares 5 recession-resistant stocks to buy now

With stress from the US banking crisis reducing global liquidity and monetary supply, as well as hurting macroeconomic outlooks, Leveille cautioned that it's certainly not all rosy overseas. As growth becomes more scarce during an economic slowdown, she believes that companies withLeveille focuses on companies with strong pricing power, balance sheets, and idiosyncratic growth drivers that fit in her investment time horizon of three-to-five years.

"High-net-worth individuals do tend to be less economically impacted by recessions because they have higher savings rates and they're less dependent on wages for their spending power," she explained."That is amazingly resilient in the face of economic hardship.", which she called"an incredible lesson in the power of scarcity," pointing to the intentional exclusivity around the company's products due to their astronomical pricing and limited manufacturing.

"This is both a company that's exposed to the growing prevalence of nearsightedness as people spend a lot of time on their computers and also as they age," she said. The company has a particularly strong presence in China, where Leveille said one million people develop myopia each year, and 11 million people will turn 60 every year through 2030., a Brazilian drugstore chain poised to benefit as Brazil's population ages and its demand for medication spikes.

"We think that the China story remains a bright spot globally from an economic standpoint," she explained, pointing towards the accumulation of savings among Chinese citizens that is projected to reinvigorate the nation's domestic growth.— another name she owns in her portfolio — all derive between 20% to 30% of their total revenue from China, as does European elevator company"It's a very high-quality business," she said.

 

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Sounds like someone is looking for an excuse to not invest in the US stock market!

tommydouziech 5 recession-resistant stocks to buy now quelqu'un chez vous a la réponse l'article est masqué :-(

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