There's a lot of debate happening now about whether the United States is heading toward a recession or whether we're already in one. And if some degree of downturn appears inevitable, how severe will it be? That's of concern for investors as they ponder their portfolio picks: A major downturn could have a significant impact on economically sensitive businesses, cutting into their earnings, reducing their ability to make investments, and making it harder for them to cover their dividend payouts.
Investors hoping to insulate their portfolios from a downturn may be on the hunt for some recession-proof stocks to buy now. If you're one of them, consider these three relatively recession-resistant companies that some Motley Fool contributors think would make great portfolio additions during these uncertain times: Mid-America Apartment Communities (NYSE: MAA), Bank of New York Mellon (NYSE: BK), and Realty Income (NYSE: O).
Source: NASDAQ
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