Analysts find strength in consumer stocks Hershey, P&G, J&J

📆 21/10/2023 16:56:00
📰 YahooFinanceCA

⏱ Reading Time:
32 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Consumer staples is the third worst performing sector this year, but early earnings results show sentiment towards the sector may soon shift.

Consumer staplesw, a group of dividend-paying stocks long-viewed as bond proxies, has been among the worst performing sectors this year.

Those headwinds have fueled a selling frenzy as investors look to reduce their exposure to the former Steady Eddies. The consumer staples sector -- Paddy Cosgrave has stepped down from his role as chief executive officer of Web Summit after his remarks following attacks on Israel earlier this month caused high-profile attendees, including Alphabet Inc. and Meta Inc., to pull out of the show.

Investment guru Larry McDonald warns of the 'greatest migration of capital in the history of humanity' — here's what he means and what he likes for coverModerna Shaves Off $7 Billion in Value After Pfizer Warning

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Procter & Gamble, PepsiCo, Hershey: Consumer stocks to watchConsumer staples stocks – long viewed as a top safety play – are among the worst performers this year. They declined more than 9% compared to S&P's 12% gain ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »