Trade Bullish Companies for Bearish Times | PowerOptions Web Log
During a recession, the types of companies that usually perform well are grouped in a category called Consumer Staples. These companies make products people will use no matter what the state of the economy, and are usually located in what is known as the Fast Moving Consumer Goods Industry (FMCG). Products included in this category are: cleaners, toothpastes, toilet paper, paper towels, detergents, and soaps. The leading companies who engage in the production and sale of these products are Clorox (CLX), Colgate-Palmolive (CL), Proctor & Gamble (PG), Unilever (UN), and Chattem (CHTT). Clorox (CLX) Clorox (CLX) manufactures and markets a wide range of consumer products including bleaches, cleaning products, filters, containers, and food products. Some of their well-known brands include Clorox, Tilex, Pine-Sol, Brita, S.O.S., Kingsford, Hidden Valley, and K.C. Masterpiece. Stock option search with backtesting Sign up now for PowerOptions free 14-day trial Colgate-Palmolive (CL) Colgate-Palmolive (CL) manufactures and...
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