If a Stock Market Crash Comes in July, You'll Still Rest Easy Knowing You Bought This Dividend Stock

Amid rising market concerns including inflation, geopolitical tensions, and potential rate hikes, Costco is presented as a recession-resistant investment. Despite its high valuation (47x trailing earnings), Costco's low beta, consistent revenue growth over 32 of the last 33 years, and membership-based profit model make it an attractive defensive stock for market downturns.