Air Products and Chemicals (APD) closed at $234.97 in the latest trading session, marking a +1.82% move from the prior day.
Lower consumer spending, high inflation, rising interest rates, geopolitical tensions -- the list of economic headwinds besetting the stock market goes on and on. Being bearish is in style, and the price action of the broad-market indexes certainly reflects that. While investors shouldn't rule out the chance of a prolonged recession, it's also important to remember that economic cycles are simply par for the course when it comes to long-term investing.
A little-known group of Buffett stocks includes three members of dividend royalty with solid growth prospects.