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2 years ago

What stocks didn't take a hard hit when the recession hit?

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edwardclint | 2 years ago
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The stocks that was not hard hit by recession are the following:

1. Lululemon Athletica Inc. (LULU), by achieving its "third-quarter profit target by about 50% and raised its sales forecast by about 14%."

2. Apple Inc. (AAPL), the increasing sales of its iPod, iPhone, iPad and other innovative products has made this company a bright star in times of recession.

3. Amazon.com Inc. (AMZN), "Amazon.com’s shares also recently hit a record high that, yes, surpassed the days of the technology bubble of the late 1990s."

4. Google Inc. (GOOG), the company has survived the recession with recent increases in its internet advertising revenues.
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kareul | 2 years ago
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`The municipal bonds funds such as Lehman Municipal Bond(SPDR) did not take a hard hit . This fund actually soared ahead 1.4%. Treasury bond started at 4.8% and soared ahead to 5.5%.
http://www.kiplinger.com/columns/balance/archive/2008/balance0115.html

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