Reddit’s WallStreetBets is Buying These 5 Stocks To Survive Upcoming Recession

In this article, we discuss 5 stocks that Reddit’s WallStreetBets is buying to survive the upcoming recession. If you want to read about some more stocks that Reddit’s WallStreetBets is buying to survive upcoming recession, check out Reddit’s WallStreetBets is Buying These 10 Stocks To Survive Upcoming Recession.

5. The Mosaic Company (NYSE:MOS)

Number of Hedge Fund Holders: 66 

The Mosaic Company (NYSE:MOS) markets phosphate and potash crop nutrients. Fertilizer stocks gained in the past few months as inflation climbs and the Russian war in Ukraine weighs on food security globally. Moscow is one of the largest fertilizer exporters in the world. The crisis has also pushed other nations, like China, to put in place fertilizer export bans. This situation is likely to persist, benefiting stocks like Mosaic. The firm has a solid dividend history as well, with a decade of consistent payouts, making it a suitable recession stock.

On May 31, Piper Sandler analyst Charles Neivert maintained an Overweight rating on The Mosaic Company (NYSE:MOS) stock and raised the price target to $85 from $80, noting that grain prices will remain elevated and reset standard for midcycle levels in the coming months.

At the end of the first quarter of 2022, 66 hedge funds in the database of Insider Monkey held stakes worth $1.5 billion in The Mosaic Company (NYSE:MOS), compared to 46 in the preceding quarter worth $1.3 billion. 

In its Q4 2021 investor letter, Ariel Investments, an asset management firm, highlighted a few stocks and The Mosaic Company (NYSE:MOS) was one of them. Here is what the fund said:

“We continue to believe recent aggressive fiscal and monetary policy will drive high levels of intransient (rather than transitory) inflation. Recent inflation numbers have exceeded our hawkish predictions. While we believed the Consumer Price Index might rise +4% in 2021, double the Fed target of +2%; it rose +7%, the highest level in forty years. Ariel Focus Fund has been well positioned for this environment as natural resource and material companies such as The Mosaic Company (NYSE:MOS) which returned +72.15% for the year. This was one of our two largest holdings at year-end and have performed well very early into 2022.”