In a tumultuous tape like this, could consumer product companies help you preserve your returns? Tupperware’s (TUP) stock surged 23% to a 10-year high on earnings Wednesday. Also, Clorox (CLX) reports Thursday and Procter and Gamble (PG) comes out Friday. Is this the way to go?
Jeff Macke says PG is a buy in this tape. He explains that the consumer products space provides the kind of stability he wants in a volatile market environment.
Guy Adami also likes PG for the way the company is integrating Gillette.
Pete Najarian concurs. He also likes Colgate (CL).