IT’S A BULL MARKET IN THIS RECESSION-PROOF BUSINESS
Today, we’re taking a look at the ultimate “recession proof” business…
Longtime DailyWealth readers know we’re fans of companies that make products and offer services that will always be needed, regardless of the economic climate (like beer or cigarettes).
The $465 million company operates 170 funeral homes and 32 cemeteries across the U.S.
As morbid as it is, funeral homes are about as recession-proof as it gets.
Whether the economy is expanding or contracting, people will need a place to put their loved ones to rest.
As you can see from the chart below, CSV shares are in a steady uptrend. People will continue to use funeral homes for years to come… And Carriage Services stands to benefit from that unpleasant but inevitable trend…
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Source: Daily Wealth’s Market Notes