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9 Stable Stocks to Survive Congressional Chaos

These stocks will stick out whatever comes next

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Clorox

clx 9 Stable Stocks to Survive Congressional ChaosClorox (CLX) is one of the most powerful consumer brands in the world, with a name that’s synonymous with household bleach and cleaning products. And since folks have to keep house in both good times and bad, it’s safe to say that Clorox stock is going to keep squeaky clean no matter what kind of muck the broader economy has to plod through.

It’s not just the U.S. either, with manufacturing facilities in two dozen nations and more than 100 markets served worldwide to add diversity to the revenue stream.

An added benefit that comes from a multinational corporation is that if the U.S. does find itself in fiscal trouble, the weakening dollar will boost sales abroad and create a currency tailwind to lift earnings. That’s cold comfort if Congress ruins the economy, yes, but at least it’s something.

This stable stock has paid dividends since 1968, and the payout has increased 160% since 2003. The current yield is 3.5%, and shares have mostly tracked the market in 2013.


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/9-stable-stocks-to-survive-congressional-chaos/.

©2014 InvestorPlace Media, LLC

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