These 4 Stocks Will Thrive Even if There’s a Recession

Ah, the mysterious U.S. economy. Is it heading for a soft landing, no landing, or a resounding splat? Your guess is as good as ours. But no matter the outcome, investors should feel confident that the construction sector will not just survive, but thrive.

“The massive spending on government programs will blunt the downturn compared with an average cycle,” says Graeme Forster, portfolio manager of the Orbis Global Equity Strategy. Some, though, might be worth considering despite big gains. Daniel Skubiz, a portfolio manager at Ziegler Capital Management, points to MYR Group , which sits in the sweet spot for the investments that the U.S. government, utilities, and companies are making—recession or not. The stock, up 47% year to date, has been no slouch, and shares trade at a premium multiple of 21 times forward earnings.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

4 Infrastructure Stocks That Will Thrive Even if There’s a Recession in 2024Sterling Infrastructure and other obvious beneficiaries of massive governmental spending have already seen their stocks surge in anticipation. Here are some...
Source: MarketWatch - 🏆 3. / 97 Read more »

Here are 11 stocks Jim Cramer is watching, including Buffett's Berkshire and restaurant stocksHere are some of the tickers on my radar for Friday, Sept. 29, taken directly from my reporter's notebook.
Source: CNBC - 🏆 12. / 72 Read more »

Bank Stocks See Big Insider BuysExecutives and directors of First Citizens Bancshares, Summit Financial, Commerce Bancshares, Berkshire Hills, and Bank of South Carolina recently bought...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks Stall at Key Resistance Amid Rising Inflation Expectations: What's Next?Market Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, United States 10-Year, Consumer Discretionary Select Sector SPDR® Fund. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Nike stock rallies after earnings beat, boosting Foot Locker sharesNike, Foot Locker and Bionomics are stocks in the spotlight
Source: MarketWatch - 🏆 3. / 97 Read more »