Forget Target: Costco Is the Better Recession-Resistant Stock

Forget Target: Costco Is the Better Recession-Resistant Stock

Research group The Conference Board projects U.S. GDP will fall 7% in 2020, with just a 1% increase in a "recovery" year of 2021. For consumer spending, The Conference Board believes things will be better, but only slightly, with a 6.7% decline in 2020 and a 1.9% recovery in 2021. Two such dividend-paying retailers are Target (NYSE: TGT) and Costco (NASDAQ: COST).