What stocks rose during 2008 recession? (2024)

What stocks rose during 2008 recession?

Contrary to investor expectations, several growth stocks including Apple Inc. (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), and Netflix Inc. (NASDAQ:NFLX) grew during the 2008 recession, so investors don't have to ignore growth stocks to be conservative.

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What are the best stocks to buy when a recession hits?

The best recession stocks include consumer staples, utilities and healthcare companies, all of which produce goods and services that consumers can't do without, no matter how bad the economy gets.

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What stocks do worst in a recession?

Equity Sectors

On the negative side, energy and infrastructure stocks have been the hardest-hit in recent recessions. Companies in these sectors are acutely sensitive to swings in demand. Financials stocks also can suffer during recessions because of a rising default rate and shrinking net interest margins.

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What stocks did well during 2008 recession?

Luckily, there are some stocks that are more resilient to the negative effects of a downturn. Three stocks that outperformed the S&P 500 during the 2007-09 Great Recession were Gilead Sciences (GILD -0.31%), McDonald's (MCD -0.07%), and Walmart (WMT 0.22%).

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What businesses made the most money in 2008 recession?

Discount retailers

Dollar Tree, Walmart and Ross Stores had some of the highest-returning stock during the 2008 recession.

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Who makes money during a recession?

Companies in the business of providing tools and materials for home improvement, maintenance, and repair projects are likely to see stable or even increasing demand during a recession. So do many appliance repair service people. New home builders, though, do not get in on the action.

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Where is the safest place to put your money during a recession?

Treasury Bonds

Investors often gravitate toward Treasurys as a safe haven during recessions, as these are considered risk-free instruments. That's because they are backed by the U.S. government, which is deemed able to ensure that the principal and interest are repaid.

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What gets cheaper during a recession?

Because a decline in disposable income affects prices, the prices of essentials, such as food and utilities, often stay the same. In contrast, things considered to be wants instead of needs, such as travel and entertainment, may be more likely to get cheaper.

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Is it better to have cash or property in a recession?

Yes, cash can be a good investment in the short term, since many recessions often don't last too long. Cash gives you a lot of options.

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Should I sell my stocks before a recession?

When things are looking bleak, consider holding on to your investments. Selling during market lows can be one of the worst things you can do for your portfolio — it locks in losses.

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What stock grew the most in 2008?

TOMI Environmental Solutions (TOMZ) had the highest return in 2008 by a US stock, returning 1,650%.
ASSETYEAR% RETURN
Sanara MedTech (SMTI)2008231.68%
Mexco Energy (MXC)2008209.75%
Kirkland's (KIRK)2008178.95%
Duos Technologies (DUOT)2008160%
21 more rows

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What stocks fell the most in 2008?

On the other side of the equation, three of the worst-performing stocks in the S&P 500 in 2008 were American International Group Inc (NYSE: AIG), XL Group plc (NYSE: XL) and Genworth Financial Inc (NYSE: GNW), each of which declined between 88 and 97 percent in 2008.

What stocks rose during 2008 recession? (2024)
Who benefits from recession?

Lower prices — A recession often hits after a long period of sky-high consumer prices. At the onset of a recession, these prices suddenly drop, balancing out previous long inflationary costs. As a result, people on fixed incomes can benefit from new, lower prices, including real estate sales.

Who got rich in 2008?

Arguably the most famous was Michael Burry who bet hard against sub-prime mortgages when he was running his hedge fund, and made a fortune for his investors. His story was dramatised in the Hollywood film, The Big Short. But I have no idea if he really looks like Christian Bale in real life.

Who lost the most money in 2008?

In Pictures: America's 25 Biggest Billionaire Losers
  • Sheldon Adelson. Rank: 1. Wealth lost in 2008: $24 billion. ...
  • Warren Buffett. Rank: 2. Wealth lost in 2008: $16.5 billion. ...
  • Bill Gates. Rank: 3. ...
  • Kirk Kerkorian. Rank: 4. ...
  • Larry Page. Rank: 5. ...
  • Sergey Brin. Rank: 6. ...
  • Larry Ellison. Rank: 7. ...
  • Steven Ballmer. Rank: 9.
Dec 16, 2008

What makes money during a recession?

What businesses are profitable in a recession? Many investors turn to stocks in companies that sell consumer staples like health care, food and beverages, and personal hygiene products. These businesses typically remain profitable during recessions and their share prices tend to better resist stock market sell-offs.

Who gets hit most in a recession?

A recession is “a significant decline in economic activity spread across the economy, lasting more than a few months.” Industries affected most include retail, restaurants, travel/tourism, leisure/hospitality, service purveyors, real estate, & manufacturing/warehouse.

Will I lose all my money during a recession?

The economy will bounce back again. But here's the thing: Any losses you see on paper during a recession won't impact you unless you take the money out of your accounts. And if you do get scared and stop investing when things are shaky, then you'll never see the gains on those investments when the market gears back up.

What is the best business to start during a recession?

Here is a list of 10 recession-proof sectors to consider so you can start a business on more solid ground.
  • Financial advisory services. ...
  • Supply chain and delivery businesses. ...
  • Daycare and childcare needs. ...
  • Auto maintenance businesses. ...
  • Home hardware stores. ...
  • Plumbing and utility services. ...
  • Tech and IT support services.
Jan 8, 2024

Should you keep cash at home during a recession?

"Then you can absorb these kinds of pullbacks," said Joseph Eschleman, president of Towerpoint Wealth in Sacramento, Calif. "Cash adds 'Bubble Wrap' to your portfolio," he said. And having cash handy is vital during a recession in case of a job loss or other reduction in income.

Are CDs safe in a recession?

Where to put money during a recession. Putting money in savings accounts, money market accounts, and CDs keeps your money safe in an FDIC-insured bank account (or NCUA-insured credit union account). Alternatively, invest in the stock market with a broker.

Are CDs safe if the market crashes?

Are CDs safe if the market crashes? Putting your money in a CD doesn't involve putting your money in the stock market. Instead, it's in a financial institution, like a bank or credit union. So, in the event of a market crash, your CD account will not be impacted or lose value.

Do cars get cheaper in a recession?

If a recession weakens the demand for cars, it may drive prices down slightly, but it won't be a massive decrease in car prices like we saw in 2008 and 2020. If you're thinking about selling, you should decide sooner rather than later.

Is it smart to buy a car during a recession?

Uncertain Financial Future: Recessions often lead to job losses, reduced income, or economic uncertainty. Buying a vehicle that comes with a long-term financial commitment, like an auto loan, might be risky if your financial situation is unstable. Depreciation: New cars typically depreciate quickly.

What goes up in price during a recession?

Precious metals, like gold or silver, tend to perform well during market slowdowns. But since the demand for these kinds of commodities often increases during recessions, their prices usually go up too.

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