Posted On: 03/04/2013 3:09:11 PM
Post# of 147
Investing in the Consumer Products Sector: Ocean Bio-Chem Shares Rise on EPA Approval of New Product
Consumer product companies are struggling to drive profitable growth in an uncertain global economic environment. It’s all about changing and adapting to current technological advances. Traditional business paradigms may not be viable for long-term growth in today’s era of online and mobile shopping. It’s a difficult sector to invest in at the moment and growth is somewhat stymied. Look for companies to make forward thinking technological changes to keep up with challenges. Competition is fierce and companies need to identify synergies that target their consumer base in new areas. Ocean Bio-Chem (NASDAQ: OBCI) has apparently identified and implemented a lucrative synergy that works for them.......
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