Two Picks in the Household and Personal Care Space
We believe the market's fears regarding these investment ideas are overblown.
Consumer behavior is changing rapidly in the face of the current global economic slowdown. This phenomenon is not only affecting discretionary spending--like buying a new car or traveling--but it is even affecting consumers' purchases of everyday staples like household and personal care (HHPC) products. While the game is definitely changing, we've accounted for this in our valuations and contend that there is still value in a few names.
In this article, we'll take a brief look at the changing landscape of the HHPC industry and review the top two picks that we think are cheap enough to invest in.
Erin Lash does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.