Sunday, October 9, 2011

America's recession proof companies (in October 2011)

From the link:
http://247wallst.com/2011/10/06/america%E2%80%99s-recession-proof-companies/

15. Kimberly-Clark
> Industry: consumer goods
14. Colgate-Palmolive
> Industry: consumer goods
13. Procter & Gamble
> Industry: consumer goods
12. Abbott Laboratories
> Industry: pharmaceuticals
11. Bristol-Myers Squibb
> Industry: pharmaceuticals
10. Johnson & Johnson
> Industry: pharmaceuticals
9. General Mills
> Industry: food
8. McDonald’s
> Industry: food
7. Coca-Cola
> Industry: food
6. Lorillard
> Industry: tobacco
5. Altria
> Industry: tobacco 
4. Reynolds American
> Industry: tobacco
3. Duke Energy
> Industry: utilities 
2. American Electric Power
> Industry: utilities
1. Consolidated Edison
> Industry: utilities


Inference: Come what may, people have to eat, use FMCGs, use utilities, smoke. These are recession proof sectors!

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