My Favorite Consumer-Goods Stock for 2022
Consumer goods companies with strong associated brands are often overlooked in the investing world. Even today, companies like Lululemon and Peleton have industry-leading names that investors may not fully appreciate.
Another company that went public in 2021 could go on this list. Figs (NYSE: FIGS) is a household name in the healthcare space, and you would be hard-pressed to go into a hospital without seeing a doctor wearing a pair of its scrubs. Having a strong brand combined with a great product has been a recipe for success for apparel stocks, and I think Figs could be another winner with this formula. Here's why.
Image source: Figs
Source Fool.com