Recession Proof Stocks During Economic DownTurn

The Fed seems to be doing everything in its capacity to desperately curb the fears of recession. While tech stocks are getting beat up due to poor results and forecast its important to have a balanced portfolio. It seems that economy may take its own sweet time to recover as yesterday's GDP data suggested that economy contracted for a second time last quarter. Therefore, its important to find companies that are recession proof and continue to provide solid returns and value during this economy turmoil. Below are some recession proof stocks worth considering:

Southwestern Energy Company (SWN), Royal Gold, Inc (RGLD), O'Reilly Automotive, Inc (ORLY), J.M. Smucker Company (SJM), Amgen Inc (AMGN), General Mills (GIS), Walmart Inc (WMT). Walmart shares are down more than 11% YTD, relative to the S&P 500 which has fallen about 16%. In the most recent recession, the retailer posted a 13.4% return and a 5.1% return during the Great Recession.

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