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.
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Source: Fool.com
Johnson & Johnson Stock
€147.96
0.490%
The stock is one of the favorites of our community with 40 Buy predictions and 1 Sell predictions.
With a target price of 187 € there is a positive potential of 26.39% for Johnson & Johnson compared to the current price of 147.96 €.
