These recession-proof stocks typically hold up better in a recession and add diversity to your portfolio.
Today, I cover the 20 best recession-proof stocks to buy now for 2023. I discuss the industries and sectors that historically outperform during recessions, as well as 20 stock picks for you to explore.
*Stock prices used in the below video were during the trading day of Jan. 3, 2023. The video was published on Jan. 3, 2023.
Bank of America is an advertising partner of The Ascent, a Motley Fool company. Eric Cuka has positions in AbbVie, Bank of America, Broadcom, Costco Wholesale, Home Depot, and UnitedHealth Group. The Motley Fool has positions in and recommends Bank of America, Bristol-Myers Squibb, Costco Wholesale, Home Depot, NextEra Energy, Palo Alto Networks, and Walmart. The Motley Fool recommends Broadcom, Casey's General Stores, Diageo Plc, Lowe's Companies, UnitedHealth Group, and VMware and recommends the following options: long January 2024 $47.50 calls on Coca-Cola. The Motley Fool has a disclosure policy. Eric Cuka is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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