8 Safe Stocks to Buy Now

Stocks are cheap. But with the economy in recession, we suggest mostly household names that will hold up no matter how bad things get.

General Dynamics (symbol GD)

The economic slowdown has yet to be reflected in the performance of General Dynamics, which gets about two-thirds of its revenues from the U.S. government. The world's sixth-largest defense contractor, which makes everything from tanks and submarines to electronics for the military and intelligence services, continues to see its backlog of business grow. For the quarter that ended September 30, the backlog was $60.5 billion, up from $55 billion the previous quarter. Better yet, profit margins rose in each of GD's four business segments.

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Contributing Editor, Kiplinger's Personal Finance