With concerns of an impending recession and current macroeconomic volatility, medical stocks resilient to economic downturns offer strategic investment options. Therefore, investors could consider buying fundamentally strong stocks Fresenius SE & Co. KGaA (FSNUY), Tenet Healthcare Corporation (THC), Select Medical Holdings Corporation (SEM). These stocks seem to be trading at discounts.
According to the U.S. Bureau of Labor Statistics, inflation declined in May. The consumer price index increased 4% relative to a year earlier, its lowest rate since March 2021. However, the probability of a U.S. recession remains elevated.
