Update - June 14, 2022
The Two Perfect Stocks for Right Now
At one point yesterday, every stock in the S&P 500 was down.
By the end of the day, just four had climbed into positive territory.
The leader – up just 1.55% – is in our portfolio.
If you’ve been following along, you know why I’m a big fan of CME Group (CME). I added it to our portfolio as I sounded the alarm about the “inevitable wave of inflation” and the coming economic mess.
On CME, I had this to say…
In a world where money is printed out of thin air, bundled into all sorts of exotic products and forms of debt, and traded by the big houses on Wall Street… CME Group is to the financial world what Facebook is to social media.
It’s at the center of it all.
The stock’s strength yesterday – despite incredible headwinds – shows the merit of the idea.
Again, I hit on the idea when I recommended the stock…
The world’s investors are looking for novel ways to invest. They need to hedge… to offset their risk… and find new ways to make money when things go south.
That’s CME’s specialty. It creates and makes a market for all sorts of financial products and instruments.
“In a war like this one,” I wrote, “it’s no different from a general marching up to a bombmaker and asking for several different types of bombs.
“Each battle needs a fresh weapon. And CME Group offers an arsenal to choose from.”
While we won’t get rich quick on this one… its steadfast action shows that it’s a strong wealth preserver.
If you don’t own shares, buy them now. Despite everything else going down yesterday… their price increased.
It will keep happening.
Double Your Money
And while KBR (KBR) didn’t go up during yesterday’s rout… it’s one of the few stocks on the market that are up for the year. It’s held its ground while the S&P 500 has dropped by nearly 20%.
I talked about the merits of the stock when I first recommended it… calling it “recession proof.”
This company is an appealing combination of high-tech wizardry and good old-fashioned American business sense.
It has big contracts with the boys in Washington… plays a vital role in keeping the nation (and much of the world) fueled up and running… and is working in a cutting-edge industry that I’m convinced represents the biggest opportunity of the 21st century.
Those contracts keep coming.
Late last month, the company announced another big contract with the Air Force. This one is worth $44 million and has KBR protecting the military’s software from disruption from our enemies. It’s a five-year deal… meaning steady revenue despite economic headwinds.
The company isn’t just getting government handouts, though.
On June 1, KBR announced it was deepening its deal with recycling leader Mura Technology. It’s a partnership that also involves Mitsubishi and has the trio of firms operating one of the largest plastic recycling centers in the world.
Once again… it’s a recession-proof idea. Plastic doesn’t go away when the markets slide.
I’ll conclude with what I wrote when first introducing the play…
Whether you’re a novice investor looking to score your first big win or, like so many readers, a seasoned pro eager to score your next big double… this is a grand opportunity.
If you followed that advice, you’ve already doubled your money. We’re up more than 120% on the play.
But there’ll be plenty more from this one… even as the winds of recession continue to stiffen.
Don’t sit out. There is indeed money to be made.
These two stocks prove it. Buy them today.
Be well,
Andy
P.S. I just sat down with famed commentator Buck Sexton to talk about a brand-new type of investment. It’s perfect for times like these. It’s expected to grow by 2,400,000% over the next five years! That’s incredible. All the details are here.