Date updated:12-03-2008
This is a portfolio consisting of stocks that meet the three criteria to ride out a recession: trading below book value, positive free cash flows, and a healthy balance sheet. There's no guarantee that these picks will flourish in bad times, but they have the best financial positioning to make it out on top.

-
KYO
Kyocera Cp - $78.90
- -0.05%
- $78.54
The Kyocera Corporation (KYO) is a Japan-based electronics manufacturer that’s known for its cell phones, digital cameras, and flat-screen TVs. But the company’s real draw is its financials. KYO stands out because it’s the biggest company recession-proof out there by market cap, yet still has a surprisingly low price-to-book ratio of 0.76. The pros agree…. The PowerShares WilderHill Clean Energy ETF owns this stock.

-
TDK
Tdk - $0.00
- N/A
- $N/A
Next on the list is TDK Corporation (TDK), another Japanese technology manufacturer. TDK produces recording media like burnable CDs and DVDs. In addition to a low P/E and modest dividend yield, TDK also has the recession-proof attributes we’re looking for.

-
MKTAY
Makita Corp. - $33.38
- +2.30%
- $32.95
In keeping with out Pacific-Rim theme, power tool manufacturer Makita (MKTAY) is the next recession-proof play on our list. The company has been using the cash from its coffers to buyback shares: 3,000,000 shares to be precise. Makita’s plump margins only add to this stock’s staying power.

-
MRVL
Marvell Technolog - $15.28
- +0.07%
- $15.00
Marvell Technology Group (MRVL) is a Barbados-based semiconductor company. MRVL is no slouch when it comes to their balance sheet… the company has enough cash on hand to extinguish all of its debt today. It’s also a pro favorite that can be found in the portfolios of Maverick Capital and seven others.

-
LFUS
Littelfuse - $27.00
- -1.75%
- $28.23
Last but not least is Littelfuse (LFUS), a small-cap that makes fuses for electronic devices and cars. In addition to being debt-free LFUS saw earnings rocket 55% last year, making it an attractive play on all sides.

-
IAG
Iamgold Corporati - $18.93
- -1.10%
- $18.66
Price/Book: 0.69 Free Cash Flows: $144M Debt/Equity: 0.3

-
SCMR
Sycamore Networks - $2.90
- -1.02%
- $2.94
Price/Book: 0.75 Free Cash Flows: $4M Debt/Equity: 0

-
ABFS
Arkansas Best Cor - $24.87
- +1.26%
- $24.69
Price/Book: 0.98 Free Cash Flows: $88M Debt/Equity: 0.22
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A. why are you picking on just one ex-GS
employee....why not compare data on all
former GS employees?....sorry for
bringing your name into this useless
arguement.... Leon Cooperman one of The
400 Richest Americans (2009) worked 25
yrs at GS.
sources:
http://www.stockpickr.com/members/port/L
eon-Cooperman/
forbes.com
A. The only one I own : SLX,
too hard pick a winner out all of them
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