Consumer Staples - Industry
Consumer staples are essential products, such as household cleaning supplies, food, beverages and other items that they are unable or unwilling to cut out of their budgets regardless of their financial situation
- Consumer Staples are considered to be non-cyclical
- Consumers buy basic goods required to live no matter what the economy is doing
- Consumer Staple stocks tend to outperform during market corrections and recessions
- They are considered to be defensive stocks
- Tend to have low growth, but stable cash-flows
- Often pay dividends