2 Brilliant Stocks to Buy in October and Hold Forever
2026-09-30 08:32
•Jeff Siegel •The Motley Fool
••••• •• Axe Cap view
Recession-Proof Picks Worth Watching
Consider Walmart for its booming e-commerce and Waste Management for steady cash flow.
When markets turn choppy, companies with predictable revenue streams tend to hold value better. Walmart isn’t just a retail giant; its rapidly expanding e-commerce and advertising arms have turned it into a modern, diversified business. That 38% jump in ad revenue shows Walmart is more than just low prices. On the other hand, Waste Management offers the kind of essential services business no one skips. South African parallels might be thin here, but for USD/ZAR traders, a global slow-down could lift demand for dollar-safe, stable US assets—supporting the rand against spikes in risk-off moves. Neither company is flashy, but their consistent cash flows and rising dividends provide a safety cushion. The risk: a deep global recession might hit consumer spending and slow advertising, or disrupt US consumption enough to dent both companies’ performance. Still, they represent solid anchors in a volatile market. this is just our opinion and not financial advice
Buy Walmart and Waste Management for long-term holding based on their proven resilience and cash generation. Keep exposure moderate to balance local risks.
- USD/ZAR
- Walmart (WMT)
- Global recession impacts US consumer spending
- Slowdown in advertising revenue growth
6/10
The article recommends Walmart (WMT) and Waste Management (WM) as long-term buy-and-hold stocks due to their recession-resistant business models. Walmart has raised its full-year outlook with strong e-commerce growth and expanding high-margin advertising and membership businesses. WM benefits from predictable trash collection demand and has increased its dividend for 23 consecutive years while generating strong free cash flow.
Our take is based on reporting first published by The Motley Fool.