3 Beaten-Down Stocks to Buy if There Is a Recession
Netflix, Walmart, and Chewy look like good options to buy if there is a recession looming.
Overview
If you listen to comments from retailers and restaurant operators, it appears that many U.S. consumers are struggling. However, this isn't showing up in many economic indicators, as artificial intelligence (AI) spending and efficiency gains appear to be masking a lot of underlying problems with the U.S. economy.
While the U.S. economy isn't currently projected to enter a full-blown recession, higher pump prices from a broadening conflict in Iran could push consumers and the economy over the edge.
Details
Let's look at three beaten-up consumer stocks that could outperform in this environment.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.