These companies, which are positioned as leaders in cyclical sectors, may be your best bet for returns during a recession.
Berkshire Hathaway recently reported its equity holdings through Form 13-F and caught the market by surprise with some additions and sales. As the market fixates on individual purchases and sales, I’ve found that looking more broadly at the portfolio reveals valuable insight into Buffett’s outlook on stocks.
Besides lowering the overall corporate tax rate, the new tax package includes several other key proposals that could drive corporate earnings for 2018 and beyond. That means some industries and even specific companies could see an even bigger boost. In fact, three components of the new tax deal caught my eye as particularly beneficial, and I’m using them to rebalance my own portfolio.