Hey Insiders, New GDP data released on Thursday showed that the U.S. economy has officially entered a recession with its second straight quarter of contraction. Today we will look for companies that have provided strong returns during past recessions. We will limit this to companies with a $5B market cap, with these larger companies having the ability to better manage short-term impacts. Onwards and Upwards, | | |
Stock to Watch: Southwestern Energy Company (NYSE: SWN) - The stock returned 127.5% during the 2020 Coronavirus recession.
- The stock returned 39.4% during the Great Recession.
- The stock returned 12.6% during the 2001 recession.
- On average, the company has returned 59.8% during recessions.
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Stock to Watch: Royal Gold Inc. (NASDAQ: RGLD) - The stock returned 27.3% during the 2020 Coronavirus recession.
- The stock returned 38.3% during the Great Recession.
- The stock returned 103.8% during the 2001 recession.
- On average, the company has returned 56.5% during recessions.
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A message from BOXABL Elon Musk said what about this start-up?! The high-profile billionaire shouted out Boxabl, calling it a “cool product.” The Lego Architecture is eye-catching, taking the $13 trillion global construction industry by storm. Can they pull off becoming a disruptor? Why Boxabl? - Setting up a 170,000 sq ft manufacturing facility in less than one year
- Raising over $100M from over 15,000 investors
- Elon Musk shouted out the Las Vegas-based company calling Boxabl a “cool product.”
- Achieving LEED certification and hurricane wind ratings on all houses
- Strategic partnership and investment from the largest home builder in the USA, D.R. Horton Inc.
- Over 50 patent filings due to considerable innovations in building technology
- Factory 2 is now under construction
- Customer waitlist of over 100,000 pre-orders, indicating potential demand worth billions of dollars
- Guided by Volkswagen Group's Porsche Consulting Inc. for the design and implementation of Boxabl’s new factory
- Shipping houses every day
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Stock to Watch: O'Reilly Automotive Inc. (NASDAQ: ORLY) - The stock returned 4.8% during the 2020 Coronavirus recession.
- The stock returned 17.4% during the Great Recession.
- The stock returned 67.7% during the 2001 recession.
- On average, the company has returned 30.0% during recessions.
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Stock to Watch: J.M. Smucker Company (NYSE: SJM) - The stock returned 11.6% during the 2020 Coronavirus recession.
- The stock returned 8.1% during the Great Recession.
- The stock returned 36.2% during the 2001 recession.
- On average, the company has returned 18.6% during recessions.
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Stock to Watch: Amgen Inc. (NASDAQ: AMGN) - The stock returned 19.8% during the 2020 Coronavirus recession.
- The stock returned 14.0% during the Great Recession.
- The stock returned 10.4% during the 2001 recession.
- On average, the company has returned 14.7% during recessions.
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Stock to Watch: General Mills (NYSE: GIS) - The stock returned 23.2% during the 2020 Coronavirus recession.
- The stock returned 2.7% during the Great Recession.
- The stock returned 16.7% during the 2001 recession.
- On average, the company has returned 14.2% during recessions.
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Stock to Watch: Walmart (NYSE: WMT) - The stock returned 13.4% during the 2020 Coronavirus recession.
- The stock returned 5.1% during the Great Recession.
- The stock returned 9.5% during the 2001 recession.
- On average, the company has returned 9.3% during recessions.
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| | Liam Gill is a founder, lawyer and investor. He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law at Zargar Lawyers + Business Strategists in Vancouver, Canada. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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