Apple, Costco Stand Out as Quality Stocks Amid Volatile Market
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The stock market has seen a lot of volatility in recent years due to events like the COVID-19 pandemic and macroeconomic headwinds.
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The Nasdaq entered a bear market in 2022 when it declined over 20% from its previous high. It has yet to recover to a bull market.
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Apple is a good stock to buy during a recession due to its loyal investor base, strong financials, and prospects in multiple lucrative markets like services and AI.
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Costco's wholesale business model makes it resilient during economic downturns. Its international expansion and long-term growth prospects make it an attractive investment.
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Now is a good time to invest in quality stocks like Apple and Costco if the market dips into a recession. Their businesses can overcome short-term hurdles.