As the possibility of a recession looms on the horizon in 2023, investors are looking for safe bets to protect their portfolios. Smart money investors, who are known for their strategic and calculated investment decisions, have been heavily investing in certain stocks that they believe will weather the storm of an economic downturn. Here are the top 5 stocks that the smart money is buying for the 2023 recession:
1. Johnson & Johnson (JNJ):
Johnson & Johnson is a global healthcare company that is known for its diversified portfolio of consumer health, pharmaceutical, and medical devices products. The company has a strong track record of delivering steady revenue and earnings growth, even during challenging economic times. Smart money investors are confident in Johnson & Johnson’s ability to remain resilient in the face of a recession, making it a top pick for their portfolios.
2. Procter & Gamble (PG):
Procter & Gamble is a consumer goods company that offers a wide range of products, including household essentials, personal care items, and healthcare products. With a strong brand portfolio and a history of innovation, Procter & Gamble is seen as a safe investment during economic downturns. Smart money investors are flocking to Procter & Gamble for its stable cash flows and defensive qualities in uncertain times.
3. Costco Wholesale Corporation (COST):
Costco is a membership-based warehouse club that offers a wide range of merchandise at discounted prices. The company has a loyal customer base and a business model that is resistant to economic fluctuations. Smart money investors are bullish on Costco’s ability to maintain its sales and profitability during a recession, making it a top choice for their investment portfolios.
4. Microsoft Corporation (MSFT):
Microsoft is a technology giant that offers a diverse range of products and services, including software, hardware, and cloud computing solutions. With a strong balance sheet and a dominant market position, Microsoft is considered a safe bet for smart money investors during a recession. The company’s diverse revenue streams and strong growth prospects make it an attractive investment option for those looking to navigate the economic challenges ahead.
5. Visa Inc. (V):
Visa is a global payments technology company that facilitates electronic transactions between consumers, businesses, and financial institutions. As a leader in the digital payments industry, Visa is well-positioned to benefit from the continued shift towards cashless transactions. Smart money investors see Visa as a defensive stock with strong growth potential, making it a top choice for their portfolios in the 2023 recession.
In conclusion, smart money investors are placing their bets on stocks that offer stability, resilience, and growth potential in the face of an impending recession. By investing in companies like Johnson & Johnson, Procter & Gamble, Costco, Microsoft, and Visa, investors can position their portfolios to weather the storm and emerge stronger on the other side. These top 5 stocks are likely to outperform the market during the 2023 recession, making them attractive options for smart money investors looking to protect and grow their wealth.
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I love these videos. Is there any reason that you stopped doing 13F videos?
I just sold a property in Texas and I’m considering investing the proceeds in stocks. With the current market optimism, I'm unsure if it's the right time to buy stocks and how long it will take for a full market recovery. I'm also puzzled by how some are making substantial gains of over $320k within months in the same market
Impressive video. I started a bit late (graduated from my doctorate program at age 30 in 2016 with 170k in school loan debt). Managed to pay off my debt by 2019 and currently have a house and 250k total in investments (combo of profit share, 401k and a brokerage account). I'm not very knowledgeable in investing, so I just have my investing currently in index funds mainly voo, but have been putting a lot into schd the past few months. I dunno if that's the optimal strategy, but psychologically it is very set it and forget it, and prevents me from obsessing over individual stock performance.
The success behind every rich person today is the decision they made for themselves regarding investment, and calculated expenses to income
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
Stunning video. I got going a little later (I finished my doctoral degree at age 30 in 2016 with $170k in student loan debt). I was able to pay off my debt by the year 2019, and as of right now, I own a property and $250k in assets (a mix of profit sharing, 401k, and brokerage accounts). Due to my lack of investing experience, I presently only invest in index funds, mostly voo, although I have been heavily investing in schd over the past several months. I'm not sure if it is the best course of action, but psychologically it is extremely set it and forget it, and it stops me from worrying over the performance of any one asset.
"The biggest companies are thriving right now because all the macro conditions are in favor of them," said David Russell, The PCE numbers give us a confirmation that the worst of the inflation crisis appears to have passed." . I 'm currently sitting on more than $327k of cash, Any stock recommendation?
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $225K has yielded nearly $1m after subsequent investments so far
Nice video
Nice video
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest
Nice video
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
Global stocks headed for their biggest weekly decline in more than three months. European shares fluctuated, with a record 36% drop in Siemens Energy AG’s shares after a profit warning dragging on the broader market. US index futures fell. According to chief economist at UBS Global Wealth Management “Financial markets have had one of those switches in the narrative that happen occasionally, and are starting to worry about higher interest rates driving recessions,” I'm still at a crossroads deciding if to liquidate my $300k stock portfolio, what’s the best way to take advantage of the market?
I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest
Nice video
“Before you invest in something, invest the time to understand it.” – Robert Kiyosaki
I'd be retiring or working less in 5 years and I'm only curious how people split their pay, how much of it goes into savings, spendings or investments?? I earn around $165K per year but nothing to show for it yet
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M…down from a high of $1.67M….
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
I think it’s possible intuit has been bought because of the Biden policy that hires 80,000 more irs agents. Maybe they see this being a good play over 5+ years.
I agree with you ❤ and I’m also favored,$230k every 4 weeks from investments! I can now afford anything and also support God’s work and the Church!!!
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
This is really the best time to buy stocks. But I always find it funny that despite the constant stock recommendations, people are not told that it is difficult to make good profit despite how much analysis you make, as long as you are not a pro. I have learnt that the hard way, and I have lost 65% of my investment portfolio YTD. I still have a couple hundred thousand dollars in my portfolio, but I'm not even convinced anymore on my investment ability.