Citi says buy 3 stocks tied to the consumer for the same reasons we own them

Business News

Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf on October 20, 2020 in Miami, Florida.
Joe Raedle | Getty Images

Procter & Gamble (PG), Estee Lauder (EL) and Constellation Brands (STZ) can navigate any economic slowdown in the short term while offering long-term growth opportunities, according to Citi in a new research note. The bullish call on these consumer-tied companies aligns with our view and comes as defensive stocks have fallen out of favor in 2023, with many investors instead piling into beaten-down tech names.

Articles You May Like

New Children’s Book ‘She Is She’ Combats Attempt to Deny ‘Females Their Womanhood’
Person killed after roof collapses during heavy metal concert
Misguided DOJ Rewards America’s Problem Airlines
21 State AGs Warn Top Asset Management Firms About Woke Investing
Ronna McDaniel Issues WEAK Statement in Response to Trump Indictment

Leave a Reply

Your email address will not be published. Required fields are marked *