You can take a list of consumer stocks that can be the “next Procter & Gamble” in many different ways. Certain small- and mid-cap stocks may share some of PG’s attributes. They are products that foster brand loyalty, offer pricing power and perhaps even pay a dividend.
But these companies will have to deliver share price growth. Since 1984, that’s something that Procter & Gamble has done at a non-split adjusted average of over 130% in the last 40 years.
Therefore, it’s still a tough task to find consumer stocks. But, among small- and mid-cap stocks showing healthy growth, three names stand out.
This post appeared first on InvestorPlace.