_id_803ca5ef-1be9-4d2b-936b-173127cf62d2_size900.jpg?#)
1 consumer stock with solid fundamentals and 2 we brush off
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently. Over the past six months, the industry has recorded a loss of 1%, disappointing since the S&P 500 climbed 6.8%.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently. Over the past six months, the industry has recorded a loss of 1%, disappointing since the S&P 500 climbed 6.8%.
What's Your Reaction?
