Fear a Recession in 2023? Here Are 3 Stocks to Safeguard Your Portfolio
Recent indicators suggest a recession could be just around the corner. A potential downturn could have a big impact on earnings for economically sensitive companies, which would likely put more weight on their stock prices. Three companies with relatively recession-resistant businesses are Kinder Morgan (NYSE: KMI), American Water Works (NYSE: AWK), and NextEra Energy (NYSE: NEE).