The personal care industry is booming. As millennials age, they spend more time and money on their appearance. This has increased demand for personal care products such as makeup, perfumes, and haircare products. Products such as these are known as “personal” because they directly impact the way people look and feel about themselves. With that in mind, here are four of the best personal product stocks to buy.
Coty Inc. (COTY)
Coty is a leading global beauty company that owns a portfolio of “beauty with a purpose” consumer brands. The company has a loyal consumer following and is one of the best personal product stocks to buy. Coty’s portfolio contains various brands in the color cosmetics, fragrance, skincare, and hair care categories. The company’s brand portfolio includes well-known names like Calvin Klein, philosophy, COVERGIRL, Balenciaga, Bumble and bumble, Dolce and Gabbana, Marc Jacobs, OPI, Philosophy, Rimmel, Sally Hansen, and others . Coty’s product offerings are a direct reflection of changing consumer preferences. The company’s brands reflect changing consumer preferences for natural and organic products, vegan options, and ethically sourced products. Coty is the market leader in fragrance, with the number one or two position in most major markets. The company’s fragrance portfolio includes strong perfumes, colognes, and beautiful bouquets.
Nu Skin Enterprises (NUS)
Nu Skin is a Utah-based company that sells nutritional supplements, skincare products, and beauty products. The company is one of the best personal product stocks to buy now, as it has been growing its business by acquiring smaller beauty product companies. Nu Skin appeals to a wide variety of consumers, and its products are available in more than 25,000 retail locations in over 30 countries. The company’s products are not only sold through its websites and retail storefronts but are also available online at sites such as Amazon. Nu Skin’s product offerings include nutritional supplements, skincare products such as cleansers, moisturizers, and wrinkle creams, and beauty products such as eye shadow palettes, lipsticks, and nail polish. The company’s nutritional supplements include various health and wellness products, such as omega supplements, multivitamins , protein powders, and energy drink mixes. Nu Skin’s skincare products offer broad appeal to consumers seeking anti-aging benefits, products to combat acne, and products to promote cell renewal and firmness.
Herbalife Nutrition (HLF)
Herbalife is one of the largest direct sellers of nutritional supplements and weight loss shakes worldwide. The company is also one of the best personal product stocks to buy right now. Herbalife was founded in California in 1980 and had been growing ever since. The company’s products include nutritional supplements, weight loss shakes, protein bars, and teas. Herbalife’s dietary supplements include protein shakes and bars, weight loss products such as meal replacement shakes and bars, and energy drinks. Herbalife’s weight loss shakes and protein bars are available in various flavors and can be purchased in single-serve packages. Herbalife’s shakes are available in both creamy and crunchy varieties. The company’s protein bars contain fiber, protein, and vitamins. Herbalife’s energy drinks contain caffeine, B vitamins, and other ingredients that boost energy. Herbalife’s nutritional supplements are available in various flavors, including creamy vanilla, orange, chocolate, and strawberry . The company’s energy drinks have multiple flavors: berry blast, grape, mango tango, orange, and pomegranate blueberry.
Edgewell Personal Care Company (EPC)
Edgewell Personal Care Company is a global leader in manufacturing, marketing, and distributing personal care products. The company owns several well-known brands, including Schick, Wilkinson Sword, Hawaiian Tropic, and Edge shave gel. Edgewell is one of the best personal product stocks to buy right now. EPC’s product offerings include razors, shave gel and accessories, deodorants, baby care products, feminine care products, hair care products, and foot care products. Edgewell’s razors include the Schick Hydro, Hydro Silk, and Wilkinson Sword Hydro 5 brands. The company’s shave gel and accessories include Edge shaving gel, Hawaiian Tropic sunscreen, and insect repellent. The company’s deodorant offerings include the Wilkinson Sword and Edge brands. Edgewell’s baby care products include baby wipes, baby baths, and baby lotion. The The company’s feminine care products include pH-balanced deodorants, sprays, and wipes. Edgewell’s hair care products include hair shaving and styling products and hair color shampoo. The company’s foot care products include sandal foot spray and antiperspirant.
Conclusion
The personal care industry is booming. As millennials age, they spend more time and money on their appearance. This has increased demand for personal care products such as makeup, perfumes, and haircare products. Products such as these are known as “personal” because they directly impact the way people look and feel about themselves. With that in mind, here are four of the best personal product stocks to buy. If you’re looking for high growth potential in the unique products sector, you’ll want to keep an eye on COTY, NUS, HLF, and EPC. All four of these stocks have been growing their revenues and profits rapidly over the past several years, and they don’t show any signs of slowing down.