Thursday, April 23, 2015

The J.M. Smucker Co. (NYSE: SJM) This 'Recession-Proof' Stock Could Deliver 35% Gains

What kind of companies can you count on to generate value, even when the rest of the market is in a slump?
If history is any guide, then one class of stocks consistently enjoys solid demand from consumers. In fact, this sector is considered by many to be full of great "rainy day stocks."
The sector in question: consumer non-discretionaries, otherwise known as consumer staples.
Here's just one example of their resilience. Between January 1, 2007 and January 1, 2010, the S&P 500 plummeted, returning negative 21% over that period. In contrast, one of these stocks -- which I'll describe shortly -- went up 51%. (more)

Please share this article

No comments:

Post a Comment