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Trading Ideas

Top 20 Consumer Staples Stocks for 2020

Consumer staples stocks generate steady income. By paying dividends, they keep your pockets stuffed through both up and down markets. Rain or shine, it’s an all-weather strategy.
Below I’ve listed some of the top consumer staples stocks. But before we get to them, let’s take a closer look at what consumer staples are and why they’re a great investment. Then below the list, I’ll go into detail on how consumers staples can lower your risk and produce healthy returns.
What Are Consumer Staples Stocks?
Consumer staples companies make and sell “the basics.” For example… shampoo, toothpaste, toilet paper, soft drinks, cigarettes and mouthwash.
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Business News

Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source

Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in the 1MDB Malaysian corruption scandal, according to a source familiar with the matter.

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Trading Ideas

CEO on Fate of PG&E: ‘I’m Not the Wikipedia of Bankruptcies’

(Bloomberg) — The fate of PG&E Corp. remains uncertain and the embattled California power giant still has a lot of work cut out in trying to emerge from the biggest utility bankruptcy in U.S. history, its chief executive told U.S. lawmakers Thursday.In testimony before a U.S. Senate committee, CEO Bill Johnson said he didn’t have the answers to all of their questions about whether the San Francisco-based electricity provider will survive the bankruptcy in its current form — especially as California Governor Gavin Newsom calls for a major overhaul of the company. “I’m not the Wikipedia of bankruptcies,” Johnson said …read more […]