Proctor and Gamble, that household name that we all grew up with, is also an excellent company for trading. First, it is a very stable company. Its produces beauty, grooming, baby care, family care, fabric care, home care, health care, snacks and pet care products. These are mainly basic necessities or functional products rather than luxury products. Therefore, they are likely to have a solid customer base even during recessionary times.
Proctor and Gambles (NYSE: PG) generally trades in a range between 60 to 70 and therefore is a safe haven to maintain the value of one’s money. It is also good for short term-trading as the stock tends to rise and fall within a limited range.
The other top personal products companies are Colgate Palmolive (NYSE: CL), Revlon (NYSE:REV), and Nu Skin Enterprises Inc (NYSE: NUS). These all investments are worth investigating for your portfolio. The companies themselves are strong and they are all weathering the market volatility very well.
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