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StockNews.com
StockNews.com
Business
Kritika Sarmah

4 Stocks to Buy in Any Market Climate

BMY PFE ELV AMGN US Federal Reserve Jerome Powell United States Stock Market Amgen Inc BristolMyers Squibb Company

The stock market remains volatile ahead of Fed chair Jerome Powell’s Semiannual Monetary Policy Report delivery to Congress. Moreover, as recessionary fears are high, quality healthcare stocks Pfizer Inc. (PFE), Bristol-Myers Squibb Company (BMY), Amgen Inc. (AMGN), and Elevance Health Inc. (ELV) could be wise additions to your portfolio.

Healthcare stocks tend to perform relatively well despite market downturns, as companies in this space enjoy inelastic demand for their products and services.

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