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Benzinga published a list of five stocks it says investors may consider during an economic depression. The list includes VAALCO Energy, Synopsys, Netflix, Campbell Soup, and IBM.
The article argues that selecting the right companies can help investors protect their financial interests during periods of uncertainty.
The publication defines a depression as a period of extreme economic downturn that often lasts for several years.
During such times, prices and world trade fall, unemployment rates rise, and the economy sees consistent negative gross domestic product growth. Many economists define a depression as a drop in real GDP that exceeds 10%.
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