The companies that could benefit from the increase in consumer spending all have diversified portfolios of strong brand names, wide moats and high returns on equity. Their strong fundamentals have enabled them to weather several recessions over the past 2 decades and have also allowed them to increase dividends for over a quarter of a century. The companies that could benefit from increased consumer spending include:
With the end of the financial crisis of 2007-2009, and unemployment leveling off, investors are once again bullish on stocks. And six of the best consumer dividend stocks to own now are Walmart (NYSE: WMT), Pepsico (NYSE: PEP), McDonald’s (NYSE: MCD), Kimberly Clark (NYSE: KMB), Johnson and Johnson (NYSE: JNJ) and Clorox (NYSE: CLX).
Source: InvestorPlace
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