3 of the Safest Consumer Goods Stocks to Buy in a Bear Market
When it comes to stock investing, you shouldn't switch strategies and holdings every time there's a trend, whether it's a bear or bull market. However, knowing which stocks tend to flourish during certain economic periods can help you prioritize where your current investments may go.
Consumer goods vary from something as small as a piece of candy to something as expensive as a new car, so the companies that make and sell these items aren't created equal. Here are three of the safest consumer goods stocks you can depend on when the market is in a downturn.
There's arguably not a more recognizable product around the world than Coca-Cola's (NYSE: KO) iconic flagship soda. It's made the company a certified blue chip stock and made many investors happy (and rich) along the way. Coca-Cola's stock hasn't done much in the past 12 months, but it's remained steady, up around 1%.
Source Fool.com