What Are The Best Stocks To Own When Inflation is High?

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Energy, financials, precious metals, real estate investment trusts (REITs), and consumer staples have consistently outperformed stocks in inflationary settings

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Other than precious metals, many of these industries provide the most crucial consumer services and don't have a lot of inventory

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Communications, IT, mortgage companies, and consumer discretionary businesses are underperforming

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Google (NASDAQ: GOOG) has one of the most robust business strategies in the industry, even though Google Tech as a whole may not be the best choice

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Users will continue to use its platforms out of necessity for its search and enterprise segments and for free entertainment through its YouTube platform

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With about $125 billion in cash, cash equivalents, and marketable securities in its most recent quarter, the corporation is also well-capitalized.

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Warren Buffett and Charlie Munger, the most well-known investing team ever, are in charge of managing Berkshire Hathaway (NYSE: BRK.B).

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The holding company Berkshire maintains a diverse portfolio of interests across industries, although the portfolio's focus is on banking and insurance

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With a cash reserve of over $144 billion as of the end of 2021, Berkshire also has a fortress-like balance sheet to manage any downturn

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However, once it is under control, inflation can be controlled, so if you have a long-term investing thesis, there is no need to let things get out of hand.

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