Okay, so picture this: a room full of stock nerds at Bank of America, all abuzz over which companies to rally behind as the world teeters on the edge of yet another financial panic. They love those that can hold their own when things get dicey. We’re talking resiliency, folks. The kind that sticks around when the dollar takes a stroll down the inflation lane. Here’s the dirt.
DoorDash—not just your late-night French fry savior, but apparently a "defensive" MVP out there dodging the economic bullets. So, McGovern, some analyst dude, wrapped his head around this idea that, sure, food prices might spike, but Dashers are like, “Meh.” Instead of no orders, people just practice minimalism—fewer items per order, mate. And voilà, somehow delivery efficiency does this little happy dance. But, Brenda at the cool people table says they shifted their price from $245 to $235. Whatever that means (right?!). Still, don’t count them out just yet; the stock’s already climbed 7.5% this year. Whoopee.
Then, there’s Live Nation—the "everything’s okay, keep moshing" of recession-proof plans. Because, let’s be real, live music is life. Peter Henderson and his posse say it’s like chocolate. It never goes out of style, and people need it. From your favorite band’s global takeover to your Instagram feed exploding with gig selfies. And apparently, when things go south with money, people still need a night out… who knew? They’ve got everything covered, even shutting down ticket scalpers. Shares have swanned up by 26% this past year. Crowd goes wild.
Spotify, meanwhile, is on another defensive kick, according to some analyst named Jessica. They’re not too fazed about market rollercoasters. Recession, depression, whatever session, she’s pretty sure they’re gonna stick to their guns. Revenue, premium subs, monthly active ghost-followers – all on track. However, if all tech hell breaks loose, they’ll keep an eye on ads turning into funny money. But hey, shares grooved up 21% this year. Nice.
Now, Flutter – don’t get excited, it’s not a funky dance move. Picture a gambling empire taking a cool dive into the US market pool. They’re talking cash flow strong enough to buy its way into locking in more market share and shaking up the global stage. Sounds like it’s got investors doing a double-take.
Lastly, Netflix. Yep, the binge-watching maestros. Seen as unshakeable. Who’s gonna cancel Netflix when the world around’s grinding to a halt? Maybe a few will downgrade to cheaper plans, but let’s face it, Netflix is probably gonna be the last thing people cut. A platform that’s cemented itself as a need rather than a want—genius standby for when the economy looks like it might start listing.
So there you have it, a tangled web of stocks Bank of America’s counting on to ride out the market storms. It’s mad out there, and apparently, so’s the real opportunity.
