10 Best Stocks to Invest in During a Recession

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9. WEC Energy Group, Inc. (NYSE:WEC)

Number of Hedge Fund Holders: 43

WEC Energy Group, Inc. (NYSE:WEC) is one of the 10 best stocks to invest in during a recession.

On March 4, 2027, KeyBanc analyst Sophie Karp raised the price target on WEC Energy Group, Inc. (NYSE:WEC) from $117 to $126, maintaining an Overweight rating following a strong Q4 performance. The firm noted that the company’s adjusted EPS beat expectations, and management reaffirmed its FY26 guidance. Additionally, WEC Energy Group, Inc. (NYSE:WEC) has reiterated its long-term EPS growth target of 7%–8%, with growth expected to accelerate in 2028.

In another event, on February 23, 2026, WEC Energy Group, Inc. (NYSE:WEC) announced entering into an agreement that expands its 4.75% Senior Notes due 2028 by issuing an additional $400 million. The new Notes form part of the same series as the $450 million of 4.75% Senior Notes issued on January 11, 2023. With this new issuance, the company raised the series total to $850 million. The company intends to use the proceeds to secure long-term capital for utility operations and infrastructure investments. The issuance increases total debt, but the consolidated series potentially improves liquidity and pricing transparency for investors.

Founded in 1896, WEC Energy Group, Inc. (NYSE:WEC) is a leading Midwest utility holding company that provides regulated electricity and natural gas. Its headquarters is in Wisconsin.

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