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Are you looking for the best consumer staples stocks to invest in 2022? You will only need to follow this post till the end and you should be able to find the best consumer staples stocks to invest in 2022.
It isn’t easy to select stocks and it takes a great deal of fundamental and technical analysis to select the best stocks. I have done the analysis part for you and you only have to compare and select the best stocks from the ones that I am going to present you with.
What are Consumer Staples Stocks? Consumer staples stocks are shares of companies that deal with essential products that are non-cyclical in nature. These products can be foods and beverages, hygiene, and household products. In other words, people use these products almost daily. The reason behind the popularity of Consumer staples stocks is that consumer staples are always in demand irrespective of the economic conditions of a country.
In this comprehensive post, I will discuss the 5 best consumer staples stocks to invest in 2022.
Procter & Gamble has been around since 1937 and is engaged in producing hygiene products, detergents and cleaners. The company has a market capitalization of $348 billion and a five year average annualized return of 12.1%. Besides, the company has a ten year average annualized return of 10.2%. The company is one of the largest advertisers of the world with $11.5 billion annual marketing budget.
If we look at the technical chart of the stock, the stock has been in an uptrend since 2019. The stock was trading at $162.81 in the beginning of January, 2022. The stock had a big decline since April, 2022 and it lasted till June 15, 2022. The stock has been in an uptrend since June 16, 2022 and is currently trading at $149.40.
Walmart Inc. has been around since 1962 and is an USA multinational retail company, which manages a network of hypermarkets, discount departmental stores and grocery stores of the U.S. Walmart is undoubtedly a very popular name with over 260 million traffic per year.
Walmart Inc. has a market capitalization of $358 billion and a five-year average annualized return of 11.8%. Furthermore, the company has a ten year average annualized return of 7.3%. Walmart operates across 24 countries alongside the U.S.
Moving over to the technical chart, Walmart was trading at $144.93 on January 3, 2022, and reached its peak on April 21, 2022 with $160.75. After that, the stock had declined to $116.97 till May 20, 2022. However, the stock has been consolidating well since then and is currently in an uptrend. Walmart is currently trading at $140.06.
Nestle SA is a Swiss conglomerate company, founded in 1866. According to the revenue and other metrics, Nestle is the world’s largest food company among the publicly held food companies in the world. The company has a market capitalization of $334 billion and a five-year average annualized return of 9.5%. The company has a ten year average annualized return of 8.8%.
If we look at the Nestle SA technical chart, Nestle was at $141.91 on January 04, 2022. Like many other stocks, Nestle had a decline from April 22, 2022 till June 14, 2022. Since June 15, 2022, the stock has been in an uptrend and is currently trading at $121.08.
PepsiCo, Inc. is an U.S. multinational food and beverage company and has been around since 1965. The market capitalization of the company is $244 billion and has a 5-year average annualized return of 11%. Besides, the company has a ten year average annualized return of 11.1%.
Moving over to the technical chart, the stock was trading at $173.78 on January 3, 2022. The stock is currently in an uptrend and trading at $180.49.
L’Oreal S.A. is a French company dealing in personal care products. The company was founded in 1909. The company has a market cap. of $198 billion and a five-year average annualized return of 13.3%. Furthermore, the company has a ten year average annualized return of 12.5%.
If we look at the stock’s technical chart, the stock was trading at $97.50 on January 4, 2022. However, the stock had a decline since January 5, 2022, bringing the price down to $64.06. The stock has consolidated well and is now trading at $73.92.
Investment is always a wise thing to do and with consumer staples stocks investment, you take your investment to the next level. Unlike other stocks, consumer staples stocks are less volatile and remain in demand almost always. It wouldn’t be wrong to say that there can’t be a better way of earning a dividend than investing in consumer staples stocks.
Happy Investing!
Based on strong fundamentals and technicals, we have chosen five excellent consumer staples stocks for you to choose from and invest in 2022. Here are the stocks:
-> Procter & Gamble Co (PG)
-> Walmart Inc (WMT)
-> Nestle SA (NSRGY)
-> PepsiCo Inc (PEP)
-> L’Oreal SA (LRLCY)
Investing in consumer staples is certainly a great idea. Consumer staples stocks are always in demand and are hardly impacted by any market events since consumer staples are daily goods and people will have to use them every day no matter what. Hence, you can expect good dividends at a low volatility with consumer staples stocks.
Consumer staples sector comprises food, beverages, household goods, hygiene products and more. Consumer staples are products that can’t be easily eliminated even during a financial trouble.
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All the information are used for education purpose only. Investing in stocks poses a risk of financial losses. Investors must therefore exercise due caution. InvestoAxis is not liable or responsible for any losses caused as a result of decisions based on the article.
