Consumer Staples ETFs Face Technical Test
Written by David Fabian, October 03rd, 2017
Consumer staples stocks have always been known for their relatively low volatility and conservative nature. It’s one of the reasons they are such a prominent aspect of many retirement portfolios and continue to serve as a reassuring equity allocation for countless investors.
These companies are typified by their mature business models and inelastic consumer trends. Think grocery stores, beverage companies, consumer goods, tobacco stocks, and drug store chains. They sell products that are constantly in demand no matter what the overall economy is doing. For this primary reason, they are considered more stable than speculative or growth-oriented stocks.