#10: Procter & Gamble
Procter & Gamble (PG) has mildly underperformed the broader stock market in 2013, and bearish sentiment has been pretty prevalent after activist investor Bill Ackman dumped a majority of shares in August. PG stock is off about 5% in just a few weeks as a result.
But long-term investors should look beyond the day-to-day gyrations in share price and remember that Procter & Gamble has a bulletproof lineup of consumer products that include Duracell batteries, Gillette razors, Head & Shoulders shampoo and Pampers diapers among other goods.
If you’re worried about a consumer downturn in the second half, PG stock is a great take to place shelter since staples will remain in demand even if discretionary spending rolls back.
Throw in the fact that the stock yields more than 3% and has paid dividends since 1891, and you’ve got a recipe for a buy-and-hold gem.