3 Recession-Proof Healthcare Stocks to Buy for 2021

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There’s no such thing as a completely recession-proof stock, but some weather economic turndowns better than others.

Think of reasonably valued companies with solid bottom lines that offer products or services that people can’t really cut back on, even during a recession. These are the qualities that helped Bristol Myers Squibb (NYSE: BMY), Johnson & Johnson (NYSE: JNJ), and Medical Properties Trust (NYSE: MPW) all to ride out both the 2008 recession and this past year’s volatility with little difficulty.

Each recession is different, of course, but these three businesses are exactly the type of life preservers investors turn to when they need a little protection.

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