I am more versed on the economy than on companies. I have not followed any companies for 6 years. Before I buy stocks, I read most of the financial statements, annual report, and recent SEC filings. I have never bought a Short or Put.
Obvious ones to check are subprime lenders and home builders with concentrations in FL, CA, AZ, NV. Secondary, and probably a better buy now because the rest of the market has not yet figured out we’re going into a recession, are car and boat manufacturers, retailers (Home Depot, Lowe’s), high end food stores (Whole Foods), restaurants, travel (amusement parks, hotels).
