Typically, investors consider consumer staple stocks as safe bets during economic slowdowns or recessions. The defensive nature of consumer staples and attractive dividends make them desirable during challenging times.Generally, consumer staples do not deliver spectacular sales growth rates. However, COVID-19 changed that for some companies like Clorox. Heightened focus on sanitizing and cleaning led to a major spike in Clorox’s sales. Procter & Gamble is another staples company that benefited from higher pandemic-led demand for some of its products.Using the TipRanks’ Stock Comparison tool, we lined up the two staples alongside each other to see which stock offers the most …read more
Source:: Yahoo Finance
