3 No-Brainer Stocks to Buy in a Downturn

Overview

Despite the market's sluggishness this year, it is too early to determine if we are in a recession. A subsequent bad quarter will help decide this result. 

Overview

Until then, it makes prudent to prepare for a potential economic slowdown by purchasing equities that can prosper in such a climate. 

Overview

Let us examine these three mainstays. Due to their business structures, healthcare behemoth Johnson & Johnson (NYSE: JNJ), discount retailer Dollar General (NYSE: DG), 

Overview

and storage and moving rental provider Amerco (NASDAQ: UHAL) all perform well during a recession.

Johnson & Johnson's reliability in a recession

In the past year, Johnson & Johnson's stock has increased by more than 3%, while the S&P 500 has declined by 20%. 

Dollar General's results have been on the money

Dollar General not only thrives throughout recessions, but also shows no signs of slowing down. The stock has gained over 11% during the past year.

Amerco's revenue is on the move

The company's stock has down 29% over the past year, but because it manages storage units, it is a unique firm that is a solid option if a recession should occur.

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