Consumer staples stocks are shares of companies that sell everyday essentials, such as food, drinks, and household goods. These stocks are considered relatively stable investments because the demand for these products is consistent across economic cycles. One of the benefits to owning consumer staples stocks, especially when market volatility and the stock market weakens, is that they may be more inflation-resistant than other sectors, and quality companies in the sector can provide consistent, reliable growth.
We screened our 24/7 Wall St. consumer staples dividend stocks research database looking for top companies. Five hit our screens. All pay dependable and growing dividends and look to have solid upside to Wall Street’s price targets. In addition, all are rated Buy at top firms that we cover.
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