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Mortgage default rates are soaring in front of the biggest U.S. pullback in consumer spending in decades. The days of easy credit are O-V-E-R. Home prices recently produced their sharpest decline on record. And jobless claims have surged to a 26-year high.

But now is not the time to panic.

Despite my most jaundiced look at the storm clouds advancing over the U.S. economy, I’ve sorted out a number of promising places for you to ride out the turbulence with comfort…and a considerable promise for profit.

Here are seven stocks that can buck this recession.

Next: Stock #1 – ConAgra (CAG)