Concerns about the developing global COVID-19 pandemic have sent the equity market in a tailspin. However, there will always be stocks that are better positioned to ride out the current market volatility.
Here we introduced 4 stocks with more than 80% recurring revenue owned by Gurus
All 4 stocks have outperformed the S&P500 in terms of YTD returns, with the average YTD return for an equal combination of these 4 stocks at -4% compared to the S&P500 YTD returns of -18%
Investment Gurus such as Bill Miller, David Tepper, Stephen Mandel, etc are owners of these stocks.
Without further ado, let’s dive into these 4 stock counters.
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High Recurring Revenue Stock #1: ADBEI am sure that most of you would be familiar with the stock Adobe. But do you know that 90% of their revenue is recurring in
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