SSE, Shell, AstraZeneca: Growth stocks to look at if recession strikes

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SSE, Shell, AstraZeneca: Growth stocks to look at if recession strikes

 SSE, Shell, AstraZeneca: Growth stocks to look at if recession strikes
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Highlights

  • Experts have warned that the UK economy may fall into a recession amid the rising cost-of-living crisis.
  • Growth stocks are the stocks that anticipate a significant increase in their earnings over time that directly impact their share prices, enabling their shareholders to earn big returns.
  • Investing in growth stocks can be risky if earnings growth slows, or investors overpay.

 Experts have warned that the UK economy may fall into a recession in the coming months amid the biggest squeeze in household incomes mostly due to rising inflationary pressure, pandemic aftermaths, and the crisis in Ukraine, which has affected consumer spending power. With the rising concerns, it is worth considering which shares to invest in for stable and regular income. 

  Investing in growth stocks does not guarantee return as investors constantly assess their performance

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Investors may use various strategies to safeguard their investments from recession. One is to invest in growth stocks, which are the stocks of companies that anticipate a significant increase in their earnings over time that directly impact their share prices, enabling their shareholders to earn big returns. However, these stocks might look expensive at first, but with considerable profit growth, they may provide a higher return in long term. But these stocks can be risky if earnings growth slows, or investors overpay.  

 

2022 Kalkine Media®

Investing in growth stocks does not guarantee return as investors constantly assess their performance which makes them volatile. Let us look at five growth stocks that you may consider investing in during a recession.

AstraZeneca Plc (LON: AZN)

The current market cap of the UK-based multinational biopharmaceutical company stands at £160,089.57 million as of 27 April 2022. AstraZeneca Plc’s shares were trading at GBX 10,466.00, up by 1.30%, at 10:45 AM (GMT) on 27 April 2022. The company has delivered a significant return of 38.96% to its shareholders over the last one year as of 27 April 2022, while its year-to-date return stands at 20.58%. 

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SSE Plc (LON: SSE)

The current market cap of multinational energy company stands at £19,580.92 million as of 27 April 2022. SSE Plc’s shares were trading at GBX 1,851.00, up by 0.93%, at 10:45 AM (GMT) on 27 April 2022. SSE has delivered a significant return of 25.32% to its shareholders over the last one year as of 27 April 2022, while its year-to-date return stands at 13.59%. 

 

Investing in growth stocks does not guarantee return as investors constantly assess their performance. 

2022 Kalkine Media®

Imperial Brands Plc (LON: IMB)

The current market cap of the multinational tobacco company stands at £15,439.38 million as of 27 April 2022. Imperial Brands Plc’s shares were trading at GBX 1,630.00, up by 0.93%, at 10:45 AM (GMT) on 27 April 2022. The company has delivered a significant return of 10.03% to its shareholders over the last one year as of 27 April 2022, while its year-to-date return stands at 0.56%. 

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BAE Systems Plc (LON: BA.)

The current market cap of the multinational aerospace company is £22,912.38 million as of 27 April 2022. BAE System Plc’s shares were trading at GBX 719.40, down by -1.05%, at 10:45 AM (GMT) on 27 April 2022. The company has delivered a significant return of 44.32% to its shareholders over the last one year as of 27 April 2022, while its year-to-date return stands at 30.81%. 

Also Read: EGY, GLR, ALS: Why are these energy and resource stocks trending today?

Shell Plc (LON: SHEL)

The current market cap of multinational energy and petrochemical company Shell Plc stands at £159,670.87 million as of 27 April 2022. Shell Plc’s shares were trading at GBX 2,133.50, up by 0.45%, at 10:45 AM (GMT) on 27 April 2022. The company has delivered a significant return of 55.95% to its shareholders over the last one year as of 27 April 2022, while its year-to-date return stands at 31.60%. 

Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.

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