Expecto Stock Market! These Companies Can Survive Anything!

The Muggle Market's Looking a Bit Dodgy Eh?

Right listen up because even I Harry Potter know the Muggle world's been a bit… wonky lately. Apparently this 'stock market' thing is having a bit of a Voldemort moment causing panic left and right. Bank of America those clever Goblins of the Muggle world have been peering into their crystal balls – or you know doing some serious number crunching – and they reckon they've found some companies that can survive practically anything. They say these stocks are 'defensive' and 'resilient' which sounds a bit like what Dumbledore used to say about me after a particularly nasty run in with a Dark Lord. Companies like DoorDash Netflix Spotify Flutter and Live Nation are on their radar.

DoorDash: So Convenient It's Practically Magic!

First up DoorDash. Apparently even when Muggles are scrimping and saving more than Ron Weasley in a sweet shop they still want someone to bring them their grub. Bank of America calls it the 'convenience factor,' saying it makes DoorDash 'somewhat inelastic.' Now I'm no Herbologist but that sounds like it's pretty darn bendy and robust! They reckon even if food prices go bonkers – probably thanks to some escaped Nifflers raiding the Muggle markets – people will just order less stuff per delivery rather than giving up the luxury altogether. Clever eh? It’s like using a smaller cauldron to save on potion ingredients – resourceful!

Live Nation: Because Nothing Beats a Good Gig!

Then there's Live Nation. Even if times are tough Muggles will still want to rock out to their favourite bands apparently. "Live music [is] relatively recession resilient," says one of their analysts. Bank of America reckons the company has a load of things going for it like expanding around the world new artists getting famous through those Muggle moving pictures (social media they call it!) and better sponsorship deals. And of course nothing beats the feeling of being in a crowd belting out tunes – even if it's not as good as a Weird Sisters concert! Plus apparently people try to sell tickets at inflated prices (Ticket Scalping) and Live Nation tries to prevent such activity. That's pretty heroic if you ask me.

Spotify: Music to Soothe the Savage… Economy?

Ah Spotify. Perfect for listening to the Weird Sisters on repeat or maybe some calming tunes when facing down a Basilisk... or a dodgy economy. Bank of America reckon its subscription model makes it pretty safe even if everyone's feeling a bit skint. People will still want their tunes see? They're keeping an eye on advertising mind you – if companies start being tighter than Gringotts with their Galleons that could hurt Spotify a bit. But overall they reckon it's well placed with tricks up its sleeve like future price increases and newfangled advertising methods.

Flutter: Ready to Soar High!

Flutter on the other hand is ready to dominate the US market. Their solid cash expansion plans and track record will help them get a bigger share in the US market making the company according to bank analysts able to consolidate the market globally. The recent US listing should also drive more interest from retail investors.

Netflix: To Binge or Not to Binge That Is the Question!

Finally Netflix. Bank of America thinks it's one of the safest bets around thanks to its subscription model. Even if times are tough people are still going to want to watch telly right? Maybe they'll downgrade to a cheaper package or maybe they'll have to put up with adverts (shudder!) but they're not likely to cancel altogether. It's all about that sweet sweet escapism. Although there could be gross adds and modest downward pressure NFLX is still a good option.