3 Top Consumer Staples Stocks to Buy Now

Investors have good reasons to follow the consumer staples sector right now. Its appeal has been bolstered by spiking demand during the COVID-19 pandemic. Companies that manufacture or sell essential products like tissue paper, diapers, and cleaning supplies are typically resistant to recessions, and thus make an attractive choice during uncertain economic times like these. Most consumer staples giants pay generous dividends, too, which look even better in today's ultra-low interest rate environment.

With those advantages in mind, let's look at a few stocks that cover these bases while still looking like attractive long-term values.

Sluggish growth kept many investors away from General Mills (NYSE: GIS) in the year or so preceding the pandemic. The cereal and snack food specialist's organic sales were flat in the nine months leading up to the global outbreak, but soaring demand for pantry staples pushed that figure up to 16% by late May.

Source Fool.com