2018 will be a year that investors will remember for its volatility. In the last week of the year alone the market has been on a roller coaster ride that has seen all the major exchanges record triple-digit and even quadruple-digit highs and/or lows. The markets can digest a lot of economic uncertainty such as the direction and pace of interest rate changes, or how companies will perform with revenue and earnings growth expected to modify from their torrid pace of 2018. They can even weather the uncertainty involving the now almost 12-month long trade war with China (there’s got to be some kind of resolution, right?).
But the market doesn’t like political uncertainty – and after brushing off an anti-climactic mid-term election season, the market is looking at a government shutdown as the ball drops on 2018. Now, a government shutdown in and of itself isn’t necessarily a bad thing. And we all know there will be a resolution, maybe even before you’re reading this. But it goes to show that the market doesn’t know what it doesn’t know, and that can make sitting on the sidelines with cash a bit more attractive.
Still, whether you believe this selloff is just a correction or that we’ve entered a bear market, there are always stocks you can buy that will help your portfolio weather any kind of economic turbulence. These stocks are either designed for tough times or are on the forefront of capturing consumers' minds and dollars. We've picked eight stocks that you should consider for your portfolio as we enter 2019.
Click the "Continue to Slide #1" button to view the first company.