2 Stocks to Put in Your Cupboard

During times like this, when the economy slows and discretionary spending dries up, there are still some products that people keep on buying. And that is great news for two consumer-staple manufacturers: Procter & Gamble (PG) and Johnson & Johnson (JNJ).

Don’t get me wrong. These are great companies to own during economic expansion. But they are even better during slowdowns. That is because demand for their products – which include Band-Aids, Sudafed, Tylenol, Pringles, Folgers coffee, and hundreds of others – never slows down. And constant demand means their earnings remain steady… which is critical to maintain stock values. 

Investing in these companies won’t give you explosive returns. But with today’s economic and stock market uncertainty, wealth preservation should be your top priority. And that’s what these consumer-staple manufacturers will do for you. 

Consumer staples should be a staple of your portfolio in today’s economy. Look to pick up Procter & Gamble and Johnson & Johnson to balance your portfolio and add some safety to the mix.

[Ed. Note: Rick Pendergraft is a professional trader and market analyst. In Rick's new investment service, he reveals how you can make hundreds - even thousands - of dollars just by playing a simple game of "guess the pattern." Learn more here.]

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