NEW YORK ( TheStreet) -- The markets have stabilized somewhat after Thursday afternoon's bloodbath on the Dow, but the cause behind it is still a big question mark for many people -- a trading software glitch is one suspected cause -- and resulting in some lingering uncertainties.
Amid all this, consumer staple and discretionary stocks -- including Procter & Gamble (PG - Get Report) -- continue to be keepers. P&G was one of the biggest decliners on the Dow Thursday, falling 4%, then suddenly plummeting 20%, before paring losses.
Indeed, while recommending various consumer goods stocks to invest in, Hilliard Lyons portfolio manager Brian Campbell admits, "I don't watch them everyday." Instead, he suggests a longer-term horizon for these stocks. Read on to see which consumer goods stock are stable enough to weather even the fiercest of market storms.