When it comes to consumer stocks, branding is key. Never is that truer when it comes to discretionary foods. With a variety of choices out there, consumers are fickle and it takes some big brands to stay in the public eye. Luckily, for our latest Best Consumer Staples Stocks List Pick, it has some of the biggest brands in the world of snacks & beverages.
Our pick is one of the largest producers of soft drinks, snack foods, sport nutrition, and breakfast foods on the planet. With some of the biggest brands in the world, our pick continues to turn these assets into steady sales and plenty of cash flows.
Even better is that our pick has continued to leverage these multi-billion-dollar brands into tangential opportunities with cross-promotional products. Adding in a dose of health & wellness/natural snacks, and you have a recipe for long-term growth potential.
Already with nearly 50 years’ worth of dividend growth under its belt, our pick is poised to keep the gains coming for the long haul. Investors should keep an eye on the stock when it goes ex-dividend on Tuesday, May 31 (estimated date).
You can check out the Best Consumer Staples Dividend Stocks List to explore all the stocks.
