List of stable companies with strong fundamentals
Let’s crowdsource a list of companies that have strong fundamentals. Essentially the places you want to be at in a recession. This will be helpful for all of us. **This is not a top paying list. We are indexing first and foremost on stability. ** Criteria: must be decently profitable, have a moat that isn’t easy to copy (or is a market leader with enough market share that it’ll take time for competition to catch up) OR diversified across different verticals, good cash flow, and strong positive outlook even if consumer spend declines. I’ll start. (No particular order) ServiceNow (enterprise SaaS with strong lock-in) Salesforce (enterprise SaaS with strong lock-in) Microsoft (heavily diversified, strong enterprise offering) Apple (tons of cash) Amazon (heavily diversified, AWS is a monster) Google? Walmart (recession proof, market dominance) Epic Systems (healthcare) NVIDIA (market leader) Bloomberg (enterprise offering has a huge moat) T-Mobile Oracle Continue in the comments, I will update the list above as per comments. Also try to provide a reason for your claim (E.g., T-Mobile because ppl will always need cell phone service)
Oracle?
Yes, good one, thanks
Block?
Hmm. I don’t think so. They have been missing earnings and do you think they really have a strong moat?
What is a moat?
CVS Health. Bought Aetna and is integrating the insurance, pharmacy, retail, etc. Services for specialty medications and services. These are very difficult markets to enter so disruption is not likely. Earnings are killing it and the strategy direction is bold.
Will get steamrolled when Amazon gets into pharma
All this health care integration and lock-in will end with single payer. Haha just kidding.
McKesson
How's Workday
Enterprise SaaS are usually good unless the products are easy to cost cut or it’s not established. I’d think they’re good
Intuit.
Criminal that this was not listed more. Danaher is another behemoth
Ahh intuit. A company that exists solely because of the contrived tax laws in the US and actively campaigns against simplifying those laws. Though of course a lot of snide comments could be made about Meta too lol.
Netflix
No way. Netflix is getting fucked by Disney+, Amazon, HBO Max every which way and that's without a recession. When an actual recession comes, this overpriced subscription for average content will be one of the first things users drop
Getting f**ked 🤣 DISNEY+ Q1 Revenue: $1.8 Billion, $900 Million loss NETFLIX Q1 Revenue: $7.8 Billion, $1.6 Billion profit I hope these competitors keep f**king Netflix this way 🤣
They’re up there. (Microsoft)
Adobe
Autodesk and Adobe - both older, legacy market leaders in slow-moving industries Flip side is thick politics
Where’s Albertsons?
Don't u feel its enough of this stale joke?
Never