![]() ![]() “I’m sweet on the company literally known for its ‘Kisses,’ and that is The Hershey Company,” said Jim Woods, head of the Intelligence Report newsletter. The Hershey Company (NYSE: HSY), of Hershey, Pennsylvania, is a Buy recommendation from BofA Global Research, due partly to its resilience in times of economic distress when people crave sweets as comfort food. Even though the stock is down so far in 2022, it has a potential upside of 19% within the next 12 months, she added.Ĭhart courtesy of Chocolate Maker Sweetens Seven Consumer Staples Investments to Purchase Īnother risk is that consumers may use private label and generic products more than those of Procter & Gamble, Connell continued. dollar, said Michelle Connell, who heads Dallas-based Portia Capital Management. Potential risks to the company include inflation weighing on its profit margins, weakened sales from emerging markets in China and the effects of a strong U.S. In fact, the company has raised its dividend annually for the past 66 years. In addition, Procter & Gamble has a rising dividend policy. ![]() Procter & Gamble offers a strong cash flow that allows it to provide a dividend yield of 2.6%. Procter & Gamble Rates Among Seven Consumer Staples Investments to PurchaseĪnother Intelligence Report Income Multipliers portfolio position is Procter & Gamble, a Cincinnati, Ohio-based diversified consumer product company. Paul Dykewicz meets with stock picker Jim Woods, who heads the Intelligence Report newsletter, as well as co-leads Fast Money Alert. “So, while in the aggregate the latest retail earnings were better than feared, we still can’t rule out that the longer inflation stays in place, and as jobless claims slowly rise, consumer spending won’t be further pressured.” The company reported that it has made significant progress on reducing discretionary inventory and focusing more on “necessity” spending, such as food and toiletries, among other such products, Woods continued.Ĭhart courtesy of “Doing so helped ameliorate otherwise worse results,” Woods wrote. Walmart reported excess inventory earlier in the year that led to lower-than-expected earnings, but the country’s largest and one of its most important retailers is rebounding, Woods wrote to his subscribers in his latest newsletter. ![]() The stock is a core holding in the Income Multipliers portfolio of his Intelligence Report newsletter. One of them is dividend-paying Walmart (NYSE: WMT), of Bentonville, Arkansas, the largest U.S. Jim Woods recommends consumer staples stocks in his Intelligence Report newsletter. Pepper (NASDAQ: KDP), Sysco (NYSE: SYY), Hershey (NYSE: HSY) and PepsiCo.Ĭhart courtesy of Walmart Ranks as One of the Seven Consumer Staples Investments to Purchase Top holdings recently were General Mills (NYSE: GIS), Keurig Dr. The ETF has 29 stocks, and 47% of the fund is in the 10 largest positions. The fund tends to have smaller and more growth-oriented companies than others in the consumer staples sector. ![]() The fund also offers a Securities and Exchange Commission (SEC) yield of 1.42%.īob Carlson, head of the Retirement Watch newsletter, meets with Paul Dykewicz.įor a diversified, dividend-paying position in food and beverage stocks, investors may want to consider an exchange-traded fund (ETF) such as Invesco Dynamic Food and Beverage (PBJ), suggested Carlson, who monitors that sector closely. Top positions include Procter & Gamble (NYSE: PG), Coca-Cola (NYSE: KO), PepsiCo. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.Chart courtesy of The dividend-paying fund holds 52 stocks and 65% of the fund is in the 10 largest holdings. ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.ĮTF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. The data and information contained herein is not intended to be investment or tax advice. ![]()
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