Some stocks survive no matter the state of the economy
Whether you use the newspaper, the TV, or an online service, like Gorilla Trades, you will notice that some stocks keep growing no matter what the economy is doing. The rate at which they grow may speed up or slow down but they keep moving in one direction – up. One great example of this is McDonald’s. Even with all of the volatility and concern with the fleeting economy, the Golden Arches’s shares have increased 32% this year. Many analysts have said that this is a good stock with which to “ride out the storm”. Stocks like this that have a strong brand awareness usually are strong enough not to be deterred too much by any failings in the market.
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Categories: Finance
4Dec