Be Prepared for Economic Uncertainty with Our Tax Planning Service - Palma Financial

During one of our quarterly meetings with one of our tax planning clients, the client asked the following question:

Do you have a list of companies that have done well during recessions or economic downturns?

Sure, here’s a list of companies, grouped by sector, that have performed well during past recessions:

Consumer staples:

  • Procter & Gamble (PG)
  • Coca-Cola (KO)
  • PepsiCo (PEP)
  • Wal-Mart (WMT)
  • Kraft Heinz
  • Campbell Soup

Food retail:

  • Costco
  • Aldi


  • Johnson & Johnson (JNJ)
  • UnitedHealth Group (UNH)
  • Bristol-Myers Squibb (BMY)
  • Merck & Co. (MRK)
  • Pfizer
  • Gilead Sciences
  • CVS
  • Walgreens Boots Alliance

Defense and technology:

  • Lockheed Martin (LMT)
  • Raytheon Technologies (RTX)
  • IBM (IBM)
  • Intel (INTC)

Utility companies:

  • Duke Energy (DUK)
  • Dominion Energy (D)
  • Southern Company (SO)
  • NextEra Energy (NEE)
  • American Electric Power
  • Exelon


  • AT&T
  • Verizon Communications


  • Fluor

Online Retailers:

  • Amazon (AMZN)
  • EBay
  • Alibaba

Gold mining:

  • Barrick Gold
  • Newmont Corporation

Debt collectors:

  • Encore Capital Group
  • Portfolio Recovery Associates

Book your Tax Planning Assessment now and gain peace of mind during any economic downturn.

Please note this is not an exhaustive list, and the performance of these companies during a downturn is not guaranteed. Additionally, the performance of these companies in the past does not guarantee future performance, as market conditions and the company’s specific situations can change. It’s always a good idea to conduct research on each company’s current situation, financials, outlook, and other market factors before making investment decisions.

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