Despite a Plunging Nasdaq, Investors Are Hungry for These 2 Winning Stocks

Tuesday was another rough day on Wall Street, and just like on Monday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) took the brunt of the damage. The Nasdaq was down more than 2.5% at 1 p.m. EST, while some other stock benchmarks fell less than 1%.

As we saw on Monday, high-flying Nasdaq stocks like Tesla were among the big losers, giving back some of the huge gains they've enjoyed over the past year. However, as investors take their profits on tech stocks and other long-term winners, they're trying to gauge what stocks will do best in a changing market environment. That's left them hungry for stocks in the traditionally defensive food and beverage industry, and some Nasdaq investors will be surprised to find two of the giants of the consumer staples sector within the Nasdaq-100 index of top stocks listed on the exchange. Both PepsiCo (NASDAQ: PEP) and Mondelez International (NASDAQ: MDLZ) are up on the day, and they have attractive features that make them interesting ideas for any investor.

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Source Fool.com