2 Under-the-Radar Consumer Staples Stocks With Market-Beating Potential
The consumer staples industry is large and varied. There are always some consumer staples companies that are attracting a great deal of interest on Wall Street while others languish in relative obscurity. Two companies that are flying under the radar today are actually industry giants: PepsiCo (NASDAQ: PEP) and Hershey (NYSE: HSY).Don't let the downbeat view of these two reliable dividend stocks dissuade you from buying them. Here's why they both have market-beating potential over the long term.PepsiCo is the easier company to justify buying right now. The big problem with the business is that growth on the top and bottom lines has slowed from the rapid pace experienced during the post-pandemic inflation surge. Essentially, PepsiCo can no longer pass on outsized price increases, which has been true for companies throughout the food space.Continue reading
The consumer staples industry is large and varied. There are always some consumer staples companies that are attracting a great deal of interest on Wall Street while others languish in relative obscurity. Two companies that are flying under the radar today are actually industry giants: PepsiCo (NASDAQ: PEP) and Hershey (NYSE: HSY).
Don't let the downbeat view of these two reliable dividend stocks dissuade you from buying them. Here's why they both have market-beating potential over the long term.
PepsiCo is the easier company to justify buying right now. The big problem with the business is that growth on the top and bottom lines has slowed from the rapid pace experienced during the post-pandemic inflation surge. Essentially, PepsiCo can no longer pass on outsized price increases, which has been true for companies throughout the food space.
