News Formal

Experts recommend buying Coke, Netflix stocks during a recession

  • 📰 nypost
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Experts recommend these stocks to buy during a recession

“Walmart may be the most recession-proof company ever,” Levon Galstyan, an accountant with the Jersey City-based law firm Oak View Law Group, told The Post.

“And whether they’re visiting the store or shopping on Walmart’s developing e-commerce website, they might also purchase some additional luxuries.”Walmart shares closed up 1.8% on Friday. Robert R. Johnson, the CEO of New York City-based Economic Index Associates, thinks investors should opt for “defensive sectors whose firms are less dependent upon the business cycle.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Recession or not, the stock market is doing fineThe S&P 500 posted yet another gain Thursday, even after new data showed the economy shrank for a second straight quarter.
Source: axios - 🏆 302. / 63 Read more »