GO
Loading...

Expansionary Stocks For a Recessionary Economy

Cozad Asset Management's Ron Kiddoo thinks there's an upside to the downside.

"I think we're facing a recessionary economy, so we would look at recessionary stocks, such as in health care and consumer staples," he told CNBC. "Perhaps a little bit in the industrial sector, if we really believe we're going to be coming out of the recession; it might be a little early to get into that sector, but that would be a sector we'd be going into at the present time."

Recommendations:

Among health-care stocks, Kiddoo likes Teva and Johnson & Johnson for their involvement in generic medicines.

He also favors medical suppliers such as artificial joint-makers Stryker and Zimmer.

  • Learn more: Watch the whole Kiddoo interview

Disclosures:

Disclosure information for Ron Kiddoo was not immediately available.

Disclaimer