Major consumer product goods brands are making moves, with Kellogg (NYSE:K) announcing plans to split itself into three businesses. What’s the big deal? Amid the market chaos, consumer staple brands — which have outperformed the S&P 500 — are flexing their stability. Kellogg is up 6.9% in 2022 — and now it wants investors to…
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Slow and boring consumer staples stocks are ahead in 2022
Down 13.3% in the first four months of 2022, S&P 500 had its worst annual start since 1939. In April, every S&P 500 sector was down except for one… What’s the big deal? With a 2.4% return, Consumer Staples was the only positive S&P 500 sector in April. Of the companies in the sector, 90%…
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