My Favorite Consumer Goods Stocks for 2023
As we near the end of 2022, it's never too early to begin thinking about which stocks will be great buys heading into 2023. More so than other years, this new year has a lot of uncertainty surrounding it because of the record inflation levels and possible looming recession.
Regardless of what happens in 2023, investors should look into beginning or increasing their stake in these consumer goods stocks. Here are three to consider now.
In a year when major indexes and blue-chip stocks have seen their value slashed by double digits, Walmart (NYSE: WMT) has been one of the few non-energy stocks in the green for the year. In the third quarter of this year, the company brought in over $152.8 billion in revenue (up over 8.3% year over year), and sales in the U.S. were up 8.2%.
Source Fool.com
