JPMorgan Picks 16 Stocks That Will Outperform in a Global Recession

October 17, 2008 10:20 AM EDT

JPMorgan has released a list of 16 stocks it believes will outperform the US markets during a global recession, which the firm feels will play out over the next two years. The list was compiled with input from each of JPMorgan's 78 stock analysts.

  • 3M Company (NYSE: MMM)
  • Baxter International (NYSE: BAX)
  • Colgate-Palmolive (NYSE: CL)
  • CA Inc. (NYSE: CA)
  • Devon Energy (NYSE: DVN)
  • General Mills (NYSE: GIS)
  • Gilead Sciences (Nasdaq: GILD)
  • Google (Nasdaq: GOOG)
  • Hewlett-Packard (NYSE: HPQ)
  • McDonald's (NYSE: MCD)
  • Merck & Co. (NYSE: MRK)
  • Monsanto (NYSE: MON)
  • Nucor (NYSE: NUE)
  • Philip Morris International (NYSE: PM)
  • Union Pacific (NYSE: UNP)
  • Visa (NYSE: V)


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Stocks Mentioned

BAX 53.84

-0.12 -0.22%
Volume: 2,761,019
Track BAX

CA 18.09

-0.72 -3.83%
Volume: 5,581,909
Track CA

CL 65.92

-0.58 -0.87%
Volume: 3,056,495
Track CL

DVN 67.44

-2.93 -4.16%
Volume: 4,873,919
Track DVN

GILD 48.72

-0.91 -1.83%
Volume: 7,779,402
Track GILD

GIS 58.84

-0.68 -1.14%
Volume: 3,088,147
Track GIS

GOOG 322.01

-12.05 -3.61%
Volume: 4,492,523
Track GOOG

HPQ 37.84

-1.47 -3.74%
Volume: 24,905,636
Track HPQ

MCD 61.24

-0.90 -1.45%
Volume: 7,897,483
Track MCD

MMM 58.07

-1.12 -1.89%
Volume: 4,596,644
Track MMM

MON 86.16

+12.70 +17.29%
Volume: 35,443,055
Track MON

MRK 29.49

-0.48 -1.60%
Volume: 12,410,829
Track MRK

NUE 43.73

-1.84 -4.04%
Volume: 7,320,095
Track NUE

PM 42.70

-0.54 -1.25%
Volume: 9,143,001
Track PM

UNP 49.76

-4.25 -7.87%
Volume: 7,596,118
Track UNP

V 56.36

-1.25 -2.17%
Volume: 6,905,205
Track V


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