Consumer products companies like Clorox (CLX), PepsiCo (PEP), and Procter & Gamble (PG) have the best stock charts right now, according to Jim Cramer, portfolio manager of Action Alerts PLUS. Cramer said the companies are benefitting from the drop in costs for raw materials and energy, creating the potential for expanding margins. ‘If you saw the dollar at all get weak, these companies’ earnings are going to prove to be far greater, which is why the stocks have run so much,’ explained Cramer. Others stocks with the best charts, in Cramer’s view, are Campbell’s Soup (CPB), Church & Dwight (CHD), Coca Cola (KO), ConAgra (CAG), Dean Foods (DF), Estee lauder (EL), General Mills (GIS), Hersey (HSY), Hormel (HRL), Johnson & Johnson (JNJ), Kellogg (K), Kimberly Clark (KMB), The J.M. Smucker Company (SJM) and Tyson Foods (TSN). TheStreet's Rhonda Schaffler has details from the NYSE.
More from Video
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money Video Wrap: Apple Rallies as Services Segment Takes Center Stage
There is a lot of Apple news to chew on Wednesday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.