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Consumer Staples Stocks
Consumer staples are companies that produce basic necessities people buy every day. This includes businesses that specialize in the manufacturing or distribution of food and beverages, personal hygiene, and more. These companies are generally considered noncyclical and will enjoy growth independent of wider economic circumstances. Procter and Gamble, Coca-Cola, and General Mills are some of the major players in the sector.
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The food industry is experiencing disruption from recent ground beef recalls due to possible E. coli contamination.
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