2 Top Consumer Staples Stocks to Consider Buying Now -- and 1 to Avoid
Recessions are common enough that you can count on several of them impacting your portfolio over the course of even a 10-year time horizon. That's just one reason why consumer staples stocks -- businesses that produce essentials such as toothpaste, toilet paper, razors, and diapers -- are so popular among investors.
In contrast to discretionary products like homes, cars, and restaurant meals, demand for staples holds up even during economic disruptions. That makes them good stocks to have in your portfolio when those surprise downturns occur.
Image source: Getty Images.
Source: Fool.com
Johnson & Johnson Stock
€140.80
3.940%
With 32 Buy predictions and 1 Sell predictions Johnson & Johnson is one of the favorites of our community.
As a result the target price of 196 € shows a positive potential of 39.2% compared to the current price of 140.8 € for Johnson & Johnson.
