Major U.S. stock indexes scored back-to-back gains on Tuesday as investors waited on an inflation update due today. Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer-price index expected to show further progress in a retreat from its peak above 9% last summer, which should benefit the consumer goods sector.
Therefore, investors could consider quality consumer goods stocks LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY), The Procter & Gamble Company (PG), and ACCO Brands Corporation (ACCO). These stocks are rated B (Buy) in our proprietary rating system.
