Shares to buy in a downturn: Bank of America names recession stocks
Bank of America named the stocks it expects to provide a steady flow of cash, even if the overall economy is not doing so well.
Source: cnbc.com
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Bank of America named the stocks it expects to provide a steady flow of cash, even if the overall economy is not doing so well.
The S&P 500 and Nasdaq Composite jumped on Thursday to their highest closing levels since August 2022.
The S&P 500 and Nasdaq Composite jumped on Thursday to their highest closing levels since August 2022.
A recession typically follows a slowdown, but booms can also occur, Bank of America says. It outlined stocks for all three eventualities.
The S&P 500 and Nasdaq Composite jumped on Thursday to their highest closing levels since August 2022.