The stock market isn't in the best shape; nor is the global economy. Inflation, supply chain issues, and geopolitical tensions are all contributing to the troubles on Wall Street and Main Street. For those looking for companies that can survive any recession, it might be worth considering corporations that have done it plenty of times before.
This leading medical device company just announced that it would be sending more cash to its shareholders each quarter.
Businesses in evolving or growing industries are attractive to investors because of their growth prospects. In the healthcare sector, robotic surgery giant Intuitive Surgical (NASDAQ: ISRG), medical devices manufacturer and distributor Medtronic (NYSE: MDT), and multi-state cannabis operator Cresco Labs (OTC: CRLBF) are rising stars with bright prospects. While all three have established a name in their respective fields, they are constantly looking for further growth opportunities.