By Marvin Dumon | Updated October 24, 2017 — 1:26 PM EDT
How to Spot a Recession-Proof Company
Investors hoping to minimize downside risks arising from a recession should look out for the following qualities in a company:
1. The company provides critical repair and maintenance services, or sells essentials.
Companies that provide nonessential services are typically the first to get hit in a recession. Consumers can choose to cut their own grass or paint their own houses, for example, putting the residential contractor in tough financial times.
Read more: 4 Characteristics Of Recession-Proof Companies https://www.investopedia.com/articles/fundamental-analysis/09/recession-proof-industries.asp#ixzz4zni9qRZT
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