Uncertain economic times make everyone apprehensive. CEOs worry about their businesses, and average citizens try to figure out how to support their families. And although an uncertain economy is not the ideal condition for money-making, there are some surprising options for people who are looking to invest in the stock market
Here are some top stocks in an uncertain economy:
1) McDonald’s
When “times are tough,” people make smarter financial decisions. A dinner out on the town becomes a quick stop by the local fast food chain. McDonald’s, the titan of quick service cuisine, has only profited since the economic collapse of 2008.
The world’s largest hamburger chain is a great stock choice for the weary. The Golden Arches have proved to be indestructible in the financial storm. Serving over 60 million people a day, McDonald’s continues to make meals and money. The company has grown by almost 30% since the middle of the 2000s.
In 1955, Ray Kroc created McDonald’s with one purpose: provide people with a tasty, inexpensive meal. 56 years later, his vision is making big bucks on the stock market.
2) 7-Eleven
Cravings are a curious thing. They come about at the strangest hours, when most places cannot satisfy them. Fortunately, there is 7-Eleven. The largest convenience store chain on the planet has satiated midnight munchies for more than 60 years.
Today, the company has become a reliable revenue provider for stockowners. 7-Eleven operates nearly 40,000 stores around the world. The company has been up since 2010.
3) Best Buy
The electronics industry has been getting zapped lately by the economy. People are holding onto their old phones, computers and calculators. Despite this trepidation, Best Buy has managed to thrive.
The consumer electronics behemoth is making loud footsteps with their recent sales numbers. The company generated more than half a billion dollars in profit last year alone.
With the demise of Circuit City, Best Buy became the go-to electronics provider. They are also becoming the stock of choice in an uncertain economy.
4) Heinz
Is there a more resilient, all-purpose condiment than ketchup? It can be put on almost any food, and can be stored in the refrigerator or at room temperature. H.J. Heinz, the company that manufactures Heinz Ketchup, as well as many other sauces, has become a mainstay stock in the last few years.
People like to eat. Heinz shareholders appreciate this.
5) Abbott Laboratories
Health is the pastime of the 21st century. More gyms and supplement stores have opened up in the last decade than any other time in history.
Abbott Laboratories, one of the leaders in the nutritional world, has capitalized on this awareness and converted it to net growth.
It’s not hard to find good stocks in a bad economy. You just need to be calm. Composure is the most important quality to have in a high-risk, uncertain environment. Relax, consider your options and stick to stocks that have proven themselves throughout the years.
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