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Based on current market trends, what is a good stock investment during a recession

Some good stock investments during a recession may include companies in essential industries such as healthcare, groceries, and utilities. Additionally, companies with strong financials and a history of stability may also be good choices. Some specific examples may include:

Procter & Gamble: This consumer goods company produces essential products such as hygiene and cleaning products, which tend to be in high demand during a recession.

Johnson & Johnson: This healthcare company produces a wide range of products including pharmaceuticals, medical devices, and consumer products. It has a strong financial position and a long history of stability.

Walmart: This retail giant has a strong track record of stability and is essential for many consumers during a recession as it offers low prices on a wide range of products.

Utility companies: Companies that provide essential services such as electricity, gas, and water tend to perform well during a recession as they provide necessary services that people cannot do without.

It is important to do thorough research and due diligence before investing in any stock, especially during a recession. It may also be wise to diversify your portfolio and consult with a financial advisor.

Posted one year ago
Edited one year ago
430 × 6 Administrator

Concidering ChatGPT is trained wih ata lasting upto 2021 it will probably never give an accurate current advice.

Peter Lunk   one year ago Report

Interesting in that you even got it to answer.

Sima Zhou   one year ago Report

@Lunk true about accurate current advice but if the market is cyclical...

Sima Zhou   one year ago Report
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