As hard as it is to guess what The Next Big Investment is going to be, we have to admit we definitely didn’t see mouthwash stocks being investors’ newest interest. With the recent news that certain types of mouthwash might be effective against the COVID-19 virus, however, it makes sense that people might start stockpiling the stuff.
And if people are going to be buying a lot of mouthwash, investors may want to capitalize on that by adding companies that make mouthwash to their stock portfolios. Here are some of the best mouthwash stocks for you to consider.
Why are people interested in buying mouthwash stocks?
According to research conducted at Cardiff University, mouthwash containing the ingredient cetylpyridinium chloride (CPC) “show[s] promising signs” of reducing the COVID-19 virus. CPC is an antimicrobial agent that penetrates cell walls, causing the cell components to leak and the cell to die. It basically acts as a needle poking a water balloon. That’s great for bacterial cells that can cause gingivitis but could be even greater when it comes to defeating the lipid envelope of the COVID-19 virus.
The research was not conducted on human patients and has yet to be peer-reviewed, but Cardiff University’s Professor David Thomas is encouraged by what they’ve found so far. “Although this in vitro study is very encouraging and is a positive step, more clinical research is now clearly needed,” he said. "We need to understand if the effect of over-the-counter mouthwashes on the COVID-19 virus achieved in the laboratory can be reproduced in patients.”
With that in mind, Professor Thomas will next lead a 12-week clinical trial to test the impact of mouthwash on the COVID-19 virus contained in human saliva. The findings from the clinical trial will be published sometime in early 2021.
Here are some mouthwash stocks you might want to invest in.
There are several companies that make mouthwash, but investors may want to focus primarily on companies that make mouthwash containing cetylpyridinium chloride (or CPC), as that’s the active ingredient involved in the COVID-19 research.
Companies that produce mouthwash containing CPC include the following:
- Procter & Gamble (which trades on the NYSE under the symbol "PG”)
- Colgate-Palmolive (which trades on the NYSE under the symbol “CL”)
- GlaxoSmithKline PLC (which trades on the NYSE under the symbol “GSK”)
- Chattem, Inc. (which trades on the NASDAQ under the symbol “CHTT”)
- Venture Life Group (which trades on the London Stock Exchange under the symbol “VLG”)
- Reckitt Benckiser ADR (which trades on the OTCMKTS under the symbol “RBGLY”)
If investors are banking on consumers buying up grocery stores’ stock of Listerine, they may also consider purchasing stock in Johnson & Johnson (which trades on the NYSE under the symbol “JNJ”), although it’s worth noting that Listerine itself does not contain CPC.
Ideally, investors will see these stocks go up as interest surrounding mouthwashes that contain CPC also increases, and perhaps again in early 2021 (depending on the results of the impending clinical trial). Even in the worst-case scenario, though, we can hope there will be an increase in breath freshness!