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
Healthcare:
- 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
Telecommunications:
- AT&T
- Verizon Communications
Infrastructure:
- 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.
The information in our email newsletters is for informational and educational purposes only. We are not financial advisors; nothing in our newsletter should be construed as financial advice or a recommendation to buy or sell securities or other financial products.
The information in our newsletters is believed to be accurate and reliable, but we do not guarantee its accuracy or completeness. The information should not be relied upon as the sole basis for making any investment decisions and is not intended to replace the advice of a qualified financial professional.
We urge you to conduct research and consult a licensed financial advisor before making any investment decisions. Any investment decisions that you make are solely your responsibility. The value of your investments may fluctuate, and you may gain or lose money.
The information in our newsletters does not constitute an offer to sell or a solicitation of an offer to buy any security or other financial product. It may not be used for an offer or solicitation in any jurisdiction or circumstances in which such an offer or solicitation is unlawful or not authorized.