What companies and stocks are likely to do well in a recession?
Some possible really wrong ideas: Amazon? People still need to buy stuff? eBay - people want to buy cheap and used stuff? Google/YouTube/Facebook - more unemployed people with lots of free time (I think Netflix will do poorly because it’s paid)
McDonalds
Why McDonalds?
People won’t be able to afford taking their families to expensive restaurants yet will want to celebrate and share a meal with their loved ones. It outperformed DJ during the last recession.
McDonald’s and SpaceX if it goes public ever
Why McDonalds?
Think, man. When recessions hit fast food is where people eat more.
Mostly companies that provide cheaper alternatives for day-to-day needs, like walmart, ebay, dollar tree etc.
collections agencies and private prisons
Sqqq will do well
What is sqqq?
There is a thing called “Google”
Dunken donuts, people love to stress eat
Tobacco, alcohol, coffee - people dont drop their addictions just because of depression.
dr00gs bro. vicodin will moon. all the pussyhatters depending on handouts will triple their doses of antidepressants when they realize there's no money to pay for their shit. alcohol is also popular during downturns but it's too commoditized to really make money from. seriously tho, if you think a recession is coming then don't put money in the stock market, put it in something with intrinsic value or go short and profit directly off the bear market.
There was a major recession not so long ago, you don’t need opinions when you can find facts.
Facebook will go down for sure ...
Why FB?
Thiiiink, in recessions companies will advertise less to save money.