Worried About a Market Crash? These 3 Stocks Beat the S&P 500 in 2008 and 2022
Key PointsThe stocks on this list have strong underlying businesses that can do well, even during downturns.
The stock market seems uncertain for many investors today. Inflation and the cost of living are causing some hardship, and the S&P 500 reaching record highs this year may have some people hesitant to jump back in. While some may choose to pull out of the market, those who are risk-averse might want to consider certain stocks that have performed well during previous market crashes.
Three such stocks are Walmart, McDonald's, and Gilead Sciences. These companies have shown resilience and stability, even during significant downturns like 2008 and 2022. Walmart, a go-to retailer for many, had relatively low returns in 2022 but bounced back nicely in 2008. McDonald's, known for its affordable fast food options, also saw steady performance during the crashes.
Lastly, Gilead Sciences, a healthcare company providing treatments for serious medical conditions, had impressive returns in both years. All three stocks are currently valued reasonably and offer dividends, making them potential safe-haven investments. However, it's worth noting that not all stocks perform well during market turmoil, as evidenced by the fact that Walmart and Walmart weren't included in an investment list identified by a popular investment advisory service.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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