Jim Cramer’s Top 4 Recession-Proof Stock Picks

2. UnitedHealth Group Inc. (NYSE:UNH)

Minnesota-based managed healthcare and insurance company United Health has a market cap of over $480 billion and is stable enough to survive through any recession. In the summer of 2022, when companies were bracing for a recession, United Health announced a 13.8% dividend increase to $1.65 quarterly per share.

Jim Cramer called United Health “best of breed” managed healthcare stock in his program last month.

Here is what Stewart Asset Management has to say about UnitedHealth Group Incorporated (NYSE:UNH) in its Q3 2022 investor letter:

“Looking at the Great Recession which began at year-end 2007 and lasted to mid-year 2009 is helpful too. Our four largest current holdings in the portfolio weathered that period well. UnitedHealth’s (NYSE:UNH) earnings were resilient. While it reported modestly down earnings in 2008, its earnings rebounded quickly to record highs in 2010 and the shares responded strongly in anticipation of this.”