3 Top Consumer Staples Stocks to Buy Now
Are you fearful the broad market might sell off this summer, making good on the old "sell in May" adage? There's certainly no denying stocks are showing some vulnerabilities lately in the shadow of an enormous run-up since March of last year.
Not every name is uncomfortably vulnerable here, though, since not every stock has soared over the course of the past 14 months. Indeed, the consumer staples stocks that have lagged in the past year could actually benefit from marketwide weakness, as investors seek out safer names. Here's a closer look at three consumer goods stocks to consider buying sooner rather than later.
The COVID-19 pandemic was problematic for most industries, but it was a boon for booze. With plenty of new anxieties to ease -- and little else to do while sheltering at home -- alcohol consumption in the U.S. alone grew by double-digit percentages in 2020.
Source Fool.com
