'Recession-proof' stocks soar but doubts persist
Analysts differ over which stocks these are and whether some of them are overvalued
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
WHAT makes a stock "recession proof"? It depends on who you ask. Some analysts might say consumer staples, telcos and transport companies qualify because food, communication and daily travel will always be needed no matter what the state of the economy is, others may say Reits because of their dividend yields.
Yet other analysts may point to gold-linked companies or healthcare firms, while there also are those who say no sector can be considered completely recession-proof.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore