#113 Cyclical Stocks: Recession-Proof Alternatives?

Build a high-growth portfolio based on tried and tested strategies and sign up to Horizon today 👉 Get instant accessWith fears of a recession growing, many investors are now searching for companies that might perform well during periods of economic downturn. Check in with the MyWallSt team we discuss cyclical stocks and what types of stocks might do well in a recession.In this episode, we also discuss:The rise of TikTok as it approaches $12 billion in annual revenue.The demise of Klarna and the buy now pay later (BNPL) industry.And we also pitch two companies that are on our watchlist right now — On Holdings and BarkBox.Listen to Rory's full pitch for On Holdings in the MyWallSt app now. All you need to do is follow this link — https://link.mywallst.app/UC2haIzEurb — and create a free account!MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.--- Send in a voice message: https://anchor.fm/stock-club/message Hosted on Acast. See acast.com/privacy for more information.