A good point
I was just reading an article about what companies are probably not going to be laying off employees in the coming year. One of the articles mentioned was Colgate, with the reasoning being that even during a recession people are probably going to continue to buy toothpaste. That’s a very good point. And I am thinking that would be a really good reason to buy stock in a company like that (if I had any money to invest!)
Based on reading that particular article, now I’m thinking that companies like Kimberly Clarke, Proctor & Gamble would probably also be good safe bets. They make products like facial tissue, bathroom tissue, disposable diapers, paper towels. People are going to continue to buy products like that too!
Comments Off