Being a proud father of one little princess, and being an active and growing portfolio investor, in today's stock watchlist series I want to speak about two great "baby stocks" - Kimberly-Clark and Procter&Gamble.
If you ever have changed a diaper you will know these companies because of Huggies and more famous Pampers brand diapers
Both companies will be a good fit in almost every portfolio, both are more than 100 years old, and what's interesting, both companies currently offer pretty attractive ~3.5% yield. Speaking of me, currently, 3.5% yield for me is way too low (right now I'm focusing more on +9% and more dividend stocks) - but I'm ready to come back here after a year or two and add the blue chips to my portfolio.
Kimberly-Clark (NYSE: KMB)
Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes, and Huggies disposable diapers and baby wipes.
Procter & Gamble (NYSE: PG)
Procter & Gamble Co. (P&G) is an American multi-national consumer goods corporation headquartered in downtown Cincinnati, Ohio, founded in 1837 by British American William Procter and Irish American James Gamble. It primarily specializes in a wide range of cleaning agents and personal care and hygienics products.
One of the most revolutionary products to come out on the market was the company's disposable Pampers diaper, first test-marketed in 1961, the same year Procter & Gamble came out with Head & Shoulders. Prior to this point, disposable diapers were not popular, although Johnson & Johnson had developed a product called Chux.