9 Stable Stocks to Survive Congressional Chaos

These stocks will stick out whatever comes next

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9 Stable Stocks to Survive Congressional Chaos

Procter & Gamble

ProcterGambleLogo 9 Stable Stocks to Survive Congressional ChaosProcter & Gamble (PG) started 2013 with a bang, but has lagged the market in 2013 as sexier momentum plays have come into favor. And when activist investor Bill Ackman dumped a majority of shares in August as the Wall Street party started to lose steam in general, shares softened up even more.

But long-term investors should rest comfortably knowing P&G boasts a bulletproof lineup of consumer products that include Duracell batteries, Gillette razors, Head & Shoulders shampoo and Pampers diapers among other goods.

And if you’re worried about a consumer downturn as the government shutdown guts spending, PG stock is a great take to place shelter. Staples like personal care products are recession-proof and 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.


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

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