1 consumer stock with solid fundamentals and 2 we brush off
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently. Over the past six months, the industry has recorded a loss of 1%, disappointing since the S&P 500 climbed 6.8%.
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