A few key consumer staples stocks belong on any investor’s radar. These companies have solid fundamentals, have shown consistent growth, and have a history of paying dividends. In addition, consumer staples stocks have benefited from several tailwinds in recent years.

These companies are more likely to weather economic downturns and continue to pay dividends. When assessing a company’s ongoing ability to pay dividends, one factor to consider is its dividend payout ratio, which is measured as a percentage. Consumer staples stocks tend to pay solid dividends and keep paying them over the long term. In fact, they are well represented among the Dividend Aristocrats—firms that have increased their dividends annually for at least 25 consecutive years. U.S. Treasuries (“T-Bill”) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information.

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Colgate’s dividend yields 2.4% and its annualized total returns over the past 15 years is 7.3%. Mondelez International produces revenues of $31.5 billion annually. The company’s dividend yields just under 2% and the annualized total return over the last 15 years is 8.4%. Jeff Reeves writes about equity markets and exchange-traded funds for Kiplinger.

• North America and South America are the largest regions in terms of sales.
• U.S. Treasuries (“T-Bill”) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC.
• While inflation has eaten away at some consumer staples stocks, analysts are projecting more than 10% revenue expansion this fiscal year and mid-single-digit growth in fiscal 2023.
• Thanks in part to this strong performance, Kellogg has risen about 6% in the last year, while the S&P 500 has declined around 9% in the same period.
• Keep these sectors in mind as you go through our list of the top ten consumer staples stocks.

Worldwide, Walmart gets more than 260 million customer visits each year. For those who prefer to avoid crowds, there’s the members-only Sam’s Club and Walmart+ subscription delivery options as well. The subsequent website(s) may be governed by different privacy policies, terms and conditions, or regulatory restrictions. Links to these websites are not intended for any person in any jurisdiction where – by reason of that person’s nationality, residence or otherwise – the publication or availability of the website is prohibited. Persons in respect of whom such prohibitions apply should not access these websites.

Consumer services

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Carmakers, clothing labels, restaurants and retailers all fit into one of its four industry groups. In other words, customers are more conscious as they continue to try and stretch their dollar. Certain financial information included in Dividend.com is proprietary to https://trading-market.org/ Mergent, Inc. (“Mergent”) Copyright © 2014. Consumer staple companies will “be able to keep putting up solid earnings growth even as most other industries will experience down numbers,” Cramer said. These will again be a headwind in Q2 and to a lesser extent in Q3.

Jim Cramer says he likes these 5 consumer staple stocks in 2023

This is to be expected since the average includes data from the previous, lower priced days. As long as prices remain above the average there is strength in the market. The company’s sales are split 55% to developed markets and 45% to fast-growing emerging markets. North America and South America are the largest regions in terms of sales. Mispriced stocks are hiding in plain sight and present great investment opportunities in 2023. Forbes’ top investment experts share 7 overlooked stocks for the year ahead in this exclusive report, 7 Best Stocks To Buy for 2023.

You can also buy a wide variety of consumer discretionary stocks at the same time through an ETF. This is often cheaper — both in dollars and in research time — than buying individual stocks. Keep your eye on the daily charts for signals, and any rally on volume that pushes the RSI back into positive territory on their daily charts would be a “buy” signal. A close below their 50-day moving average, however, would be a signal to lighten up on any shares.

Products

Moreover, retail sales increased by 6.4% from the same period last year. The report also mentioned that consumer spending represents nearly two-thirds of the economic activity in the US, which means that consumers continue to https://forexbox.info/ spend despite elevated inflation. If you’re worried about big-picture economic trends, then consider the fact that grocery shoppers will continue to load up on these staples even if they cut back on travel or eating out.

They tend to be less volatile than other sectors, providing a measure of stability and downside protection in a portfolio. They also offer the potential for income and capital appreciation, as well as the potential to hedge inflation. The consumer discretionary sector includes products that people may only purchase when https://bigbostrade.com/ they have excess cash. Companies from the consumer discretionary sector include online luxury clothing shops and travel agencies such as The RealReal, StitchFix, TripAdvisor. All these companies can be found in Public’s Click it, Ship It theme. These companies often experience growth when the broader economy is strong.

#32 – Tyson Foods

The latest GDP report shows economic growth slowing down in the first quarter of this year vs. the fourth quarter of 2022. Specifically, GDP increased 1.1% annually vs. 2.6% in the prior quarter. The slowdown adds fuel to the argument that the U.S. is headed for recession later this year. Sales are forecast to rise in the mid-single digits this fiscal year and next, showing that Coke is a powerful consumer stock that knows how to connect with its customers.