The Best Recession-Proof Stock to Buy Right Now

Speculative tech stocks feel exciting when markets are rallying, but when inflation rears its head, and interest rates rise, those same tech stocks get absolutely hammered as investors shift their focus away from risk and into stability.
Case in point, Kathie Wood’s flagship exchange-traded fund ARK Innovation ETF (NYSEArca: ARKK) lost as much as 78% between February 2021 and May 2023 as investors started to price in inflation and higher rates.
When markets get choppy you want to focus on stable income rather than speculative narratives.