Oil, Acrylic on Canvas, 2021
170 x 115 cm
These are the shares that don’t go down so much when times are tough because they sell consumer staples. Typically, these types of stocks provide a constant dividend and report stable earnings regardless of the state of the share market as a whole.
Also known as non-cyclical stocks, these companies operate businesses that are not highly correlated with the economic cycle such as utilities, food, and (traditionally) oil. You don’t give up going to the supermarket, for instance, even in a recession.