Describing consumer goods businesses, Mitchell P. Corwin of Morningstar wrote:
Peter Lynch, in the book One Up on Wall Street, refers to these companies as "The Stalwarts." Jeremy Siegel, in one of the great investment books of the year, The Future for Investors, calls them "corporate El Dorados." Warren Buffett has long preached the virtues of these types of companies having "economic castles protected by unbreachable moats." (1)
Inspired by this piece, we ran a screen to help us locate potential gems in this sector of the market.
Using Yahoo's screener tool, we set the sector to “consumer goods