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PG: 3 “Recession-Proof” Stocks to Buy in November | StockNews.com
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Even if the second wave of coronavirus triggers a deeper recession, companies like Procter & Gamble (PG), Unilever (UN), and Colgate-Palmolive (CL) are not expected to be affected much because of the inelastic demand for their products. These consumer goods companies have a resilient and diversified product portfolio, and they possess solid earnings growth prospects based on their improved offerings.
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