Back in 2008, Slate magazine wondered why Walmart was thriving while the economy was tanking. "This double-digit increase in our dividend is on top of last year's 14% increase. It's abundantly clear these companies are tailor-made for tough economic times. Free cash flow swelled by 13% to 6.1 billion euros. The stock is actually up 12% since the start of the bear market, outperforming the S&P 500 by roughly 16 percentage points. Yes, HSY shares lost 6%, including dividends, during the Great Recession. Its Skin & Personal Care and Personal Health Care businesses led the charge with 13% and 11% growth, respectively. While ORLY sank on initial fears, it has more than doubled from its 2017 lows. Americans traded down in the last recession. The adoption and integration of leading edge technology has kept DexCom ahead of its competitors and enabled the company to dominate the diabetes segment. According to the American Institute of Certified Public Accountants, nearly 60% of taxpayers use a tax practitioner to prepare their annual tax return. That move followed a $10 billion deal to buy most of Dominion Energy’s (NYSE:D) natural-gas assets. The stock market volatility we’ve been experiencing and the apparent disconnect with the broader economy have some investors wondering just that. "In a recession, people eat out less and at home more frequently. Its U.S. business improved despite the country being in the midst of a recession. Other space focused companies such as Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin are privately held. It expects to grow sales by 8% to 12% in 2020, filtering down to earnings of $1.96 to $2.16 a share. Service Corporation International (SCI, $42.20), an owner of more than 1,900 funeral homes and cemeteries in 44 states and eight Canadian provinces, ought to have momentum as it attempts to navigate the recession. Further, according to Deutsche Bank data going back to the 1990s, consumer staples stocks such as Clorox tend to outperform the S&P 500 in recessions and other difficult periods. When the bottom fell out of the market in March, FDX stock was trading at $90.49 a share. But …. BAM provides an alternative option for investment other than bonds and stocks. While several big technology names, such as Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) have enjoyed spectacular runs in recent months, many major American brands such as McDonald’s (NYSE:MCD) and Ford (NYSE:F) continue to see their share prices languish. All of this makes it one of the best stocks to invest in right now. We'll see how it plays out this time.". The stock couldn’t breakout above $55 a share. DexCom’s share price is up 124% from its March low. The company also boasts of a strong pipeline of new drugs, and CELG bulls believe their stock will perform positively as they launch the new products between 2019 and 2020 and they expect a lot of diversification of revenues for the company. P&G pointed out in a February presentation that during the first half of its 2020 fiscal year, all eight of its operating segments posted positive organic sales growth. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. 2020 InvestorPlace Media, LLC. "McDonald's is so cheap, efficient, pervasive and convenient that it was a viable alternative to casual restaurants like Ruby Tuesday and to cooking at home. In a recession, there's typically not a lot of money for much else. But Philip Morris has been working to counter the anti-smoking trend by replacing cigarettes with smoke-free products, such as its IQOS electronic device that heats tobacco instead of burning it. Restoration Hardware is well positioned to come out of the pandemic and industry observers see the company growing internationally for several years to come, particularly in Europe where the luxury goods market is fragmented and primed for disruption. COUP is an organization that provides a connection between suppliers and businesses and also manages budgeting, billing, and procurement. In times of difficulty, you have to stay front of mind with the consumer because if you don't, someone else will grab your customers. In July, Buffett bought a total of $1.2 billion shares of Bank of America (NYSE:BAC). Although it has added upscale restaurants to its retail stores, which have proved to be popular and should help to drive foot traffic as social distancing protocols are lifted. Refrigerated Products, its Jennie-O Turkey Store and Grocery Products (such as Spam) were expected to lead the way. Walmart (WMT, $121.24) CEO Doug McMillion appeared on The Today Show on April 10 to discuss coronavirus-sparked panic buying. Article printed from InvestorPlace Media, https://investorplace.com/2020/08/7-best-stocks-to-invest-in-right-now/. As a result, it has undertaken a strategic review of its tea business, which could be sold in 2020. Back in 2008, Rollins grew its various pest control businesses, including the Orkin brand, by a healthy 3%. The reasoning? Kroger now expects its first-quarter same-store sales (typically revenues generated at stores open longer than 12 months) to be higher than originally expected. "Hershey was definitely one of the leaders.". It just so happens that household and personal products company Church & Dwight (CHD, $74.75) makes Trojan condoms, the leading condom manufacturer in the U.S. with about 70% market share. With that in mind, here are seven of the best stocks to invest in right now: I made these selections based on their performance since the crash in March, and their prospects for future growth. But RH stock has gone against the current and defied conventional logic throughout this difficult year. In times of crisis, consumers tend to stick with brand names they know, opting to pass on cheaper, store brands. But it's doing considerably better than its defense peers, as Boeing (BA) and a few others have led the iShares U.S. Aerospace and Defense ETF (ITA) down a gaudy 36.1%. You wouldn’t think that Restoration Hardware would be rising given that the majority of its 83 retail store locations have been shuttered by the pandemic. Total comparable-store sales improved by 7.8%, and profits of $1.89 per share beat expectations for $1.85 per share. CPSI (Computer Programs and Systems) is among the organizations offering the best stocks to invest in right now as it has a considerable niche with a lot of potentials as currently their value in the market is $373 million. In fact, Powell raised the company's earnings guidance for 2009 by 4 cents per share to $3.87. "We are better positioned for several reasons to deal with (an economic) downturn than we were in 2007," Moeller told CNBC in October. As America makes its way through the coronavirus recession, Costco remains one of the better-positioned retailers during and after the crisis. "We believe MCD is well-positioned to perform strongly on a relative basis in this scenario (recession) when considering global comps for McDonald's during 2008-2009 were a recession-resilient +5.4% (best-performing brand in our coverage universe)," Baird Equity Research analysts wrote in an April note to clients. So investors might expect the company to pour significant resources into its snack business during this recession while finding places to cut costs elsewhere. Interestingly, Hershey increased its advertising in 2008, similar to what Pepsi did with its soft drinks. This service could be a hit with consumers in the current environment. Best to do it before it gets more expensive. Celgene deals with several autoimmune and cancer treatment drugs. While we're on the subject of "sin stocks," Philip Morris International (PM, $77.70) did just fine during the Great Recession. They lead in the world banking investment leader and fees in bonds and stock trading. Are you really going to bet against Warren Buffett? The consensus view is to “buy” DXCM stock. Then, they turned to entertainment items such as jigsaw puzzles and board games. 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