These stocks have been slaughtered but the potential domino collapse of crude, which will quickly translate to lower oil and transport costs, coupled with the decline in yields that make their dividends much more competitive is making these stocks mouthwatering.
Isn't it something? Just when everyone had written off Kraft Heinz (KHC) even as it had an acceptable quarter, it could easily do a deal after these declines, calling on some companies that have simply given up. I know the Dorrance family has never been a seller of Campbell's (CPB) , it feels a little like when the family that controlled Dow Jones finally gave up and sold to Murdoch.
I know that there's plenty of activist talk around Colgate (CL) and that makes sense as it has better brands than most but has a stock that's been from Hades. Clorox largely domestic, has a lower tax rate. It's down from $149 to $122 and although it was down to $115 it's not too late.
Everyone's thinking inflation. I say go the other way. Go with these as the downside is defined and the upside?