Tranzactioneaza Molson Coors Beverage Company (US.TAP) - 40.54 USD (%) Tranzactioneaza

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Consumer-Staples Stocks Are Bright Spot in Bleak Market


&nbsp Almost everything has fallen in the stock market this year. Consumer-staples stocks are bucking the trend. Shares of companies selling staples such as beer, chocolate and canned soup have raced past the broader market in 2022. Molson Coors Beverage Co. (US.TAP) is up 19% for the year, while Hershey (US.HSY) has risen 14% and Campbell Soup (US.CPB) has gained 11%. That is compared with the S&amp P 500 (DE.SXR8), which has fallen 18%.&nbsp

&nbsp Analysts have warned that higher prices could push consumers to adjust spending habits, which could lead to a recession. A consumer survey conducted by Morgan Stanley Research released last week listed inflation as the No. 1 concern for two-thirds of respondents.


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