During economic downturns, many investors turn toward the consumer goods sector and companies that sell such things as beverages, food, liquor, cigarettes, and candy. Even during a recession, most consumers won't give up such consumer goods as food, liquor, cigarettes and candy, and in some cases, consumption actually increases.
With this in mind, we thought we'd look into possible short-squeeze opportunities in the sector.
Recently, Rev Shark said that yet again "
." A short squeeze occurs when short-sellers quickly buy in shares of stock to cover their positions, rapidly moving the stock price up.
The ratio for measuring short-squeeze opportunities is the short ratio, which is the number of days it would take the short sellers to cover their position based on recent average daily volume.
Stockpickr has combed through the list of consumer goods stocks and compiled a portfolio of the
To read more,
Stockpickr is a wholly owned subsidiary of TheStreet.com.