10 'Recession-Resistant' Stocks To Watch in 2023

Johnson & Johnson

"J&J owns many of the world's most common health and beauty brands, which many consumers will continue to purchase through any market ups and downs."

UnitedHealth

"Health insurance is a cost that very few households or employers will look to cut, even during recessions."

CVS Health

"Retailers like CVS Health offer an attractive option for investors as well."

NextEra Energy & Duke Energy

"Like healthcare, we all continue to pay for our electricity and water, even when times are tight."

Procter & Gamble

"Consumer staples are often considered recession-proof, because they're items that we continue to buy through the good times and the bad times."

Dollar General & Walmart

"Big box retailers can offer investors stability during economic upheaval because shoppers will continue to head through the doors every week."

PepsiCo

"Let's be honest -- with a bit less money in our pockets, we're probably even more likely to stay home with a packet of Doritos and some Pepsi on a Friday night."

Newmont  Gold

"The price of gold can be volatile, but one of the periods where gold can shine, pun intended, is during a recession."