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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

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Source Fool.com

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