Good news is driving growth stocks higher.

We still do not know how much of the economy was damaged during COVID-19. Some companies have already declared bankruptcy but many other junk rated companies are still at risk.

Add Recession proof Businesses to your investment portfolio.

Pest-control industry remains strong through good times and bad.

Rollins (ROL) is the largest pest-control company in the world serving more than 2 million customers and owns the dominate brand Orkin. It has operations all over the globe but 90% of its revenue comes from the U.S.

Customers tend to be very sticky with high 80% retention rates year after year. More than 80% of customers are subscribed to ongoing service providing recurring revenue for the company.

Even as economic downturns hurts businesses and individuals... customers hate rats and bugs more than other products and services they will look to cut the fat from first. It is likely that once the next recession hits most of Rollins revenue will be protected by customer desire to live pest free lives.

With protected revenue the share price should fall less than more economically sensitive names and in many cases may actually rise as other investors rush to be more defensive. Don't wait for the bankruptcy to pile up add some defensive names to your portfolio today.

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Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.

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