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10 Best Recession Proof Stocks to Invest in 2023 (Best Stocks To Buy This Recession!)

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Best Stocks To Buy 2023 | Best Stocks For A Recession 2023

Hi, I’m Chris Winter and in this video, we’ll be talking about nine recession-proof stocks to invest in 2023!

The recession, regardless of who you ask, is here in my opinion!

With no time to waste, let’s start with the first entry on our list starting with number 9.

9. Coca-Cola Co. (KO, $64.17)


Number 9 on our list begins with a Warren Buffet favorite.

Coca-cola is regarded as a consumer staple company.

That means, they produce their delicious carbonated drink that consumers will continue to buy regardless of the economic situation.

According to Yahoo Finance, 24 out of 25 stock analysts rate Coca-Cola Co. as recommended buys, with 11 rating it as a strong buy for 2023.

Plus, CNN analysts predict that its median price will increase by 9% next year, which most analysts now factor in a recession.

With a dividend yield of 2.74%, this company is not going anywhere and can weather any storm.

If there is such a recession, more people will turn down more expensive drinks and just drink coke instead.

Plus with coke’s reach, influence, and contract with other large companies such as restaurants, venues, and sponsorship, they may see a slowdown, but it’ll hardly make a dent in this proven recession proof stock that’s been around since 1886.

8. Kraft Heinz Co. (KHC, $36.83)

Another consumer staple is food product conglomerate Kraft Heinz Co.

There’s no doubt you’ve heard of this brand as they specialize making baking, desserts, beverages, cheese, meats, nuts, snacks, and salad dressings to name a few.

These products come in cheap prices and when people are looking to buy a discount, they look to reputable and affordable products like Kraft Heinz.

In a stocks forecast in July of 2022, out of 23 stocks analysts for Yahoo finance, four analysts claimed that KHC is a strong buy, 10 analysts recommended it as a buy, while four more analysts recommended holding it for 2023. It’s currently at a really attractive price of $36.

Year to date, it’s actually outperformed the S&P 500 and it’s up nearly 2% while the overall market is down nearly 15%.

7. Johnson & Johnson (JNJ, $174.52)

If you’re not knowledgeable enough in consumer staples, maybe you should try healthcare companies instead.

Similarly, no matter the economic situation, medical care will continue to carry on as was proven during the COVID-19 pandemic.

Leading the pack is the largest healthcare firm in the world is Johnson & Johnson.

Composed of pharmaceutical, consumer, and medical devices as well as a diagnostics division, JNJ, at a current trading price of $174.52.

Analysts at Tipranks believe there’s an 8% upside within the next 12 months.

Along with specializing in your typical over the counter drugs, first aid kids, self care, skin health, beauty, and essential health will always be on demand.

6. UnitedHealth Group Inc. (UNH, $542.34)

Another healthcare company is UnitedHealth Group Inc. which provides health insurance to 50 million of its members.

The company is currently experiencing a very sharp upward trajectory, making now the perfect time to invest.

The stock price is currently at $542, and year to date, it’s actually up 8%.

I expect this healthcare giant to continue reaping in the profits, especially with its investment in the technology sector.

Don’t be surprised if it keeps going up during a recession to a price range somewhere between $560-570.

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I’m Chris Winter and on this channel I make finance videos on:
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