Worried About Another Crash? Buy This Stock

1 min read

Every portfolio should be balanced and diversified to withstand different types of market environments. Since the start of 2020, for example, the Nasdaq Composite index has gained 47% in value, while the S&P 500 increased only 21%. After this outperformance in technology and high-growth stocks, a rotation to value and cyclical names has begun to take shape in the past month or so. 

Investors can be prepared for these changing investment scenarios by holding a mix of stocks in different sectors, with different types of businesses. Such an approach can also help a company navigate through different economic cycles.

One company that is prepared to weather different economic environments is spice and seasonings producer McCormick (NYSE: MKC), and that’s what makes it a good stock holding for investors worried about the next crash. 

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