Due to the rise of the FMCG market and rising demand for luxury goods, the consumer goods industry is expected to thrive. So, I think it might be ideal to buy Kimberly-Clark Corporation (KMB), Ennis, Inc. (EBF), and Mannatech, Incorporated (MTEX), considering their strong fundamentals.
U.S. consumer spending increased last month, with households boosting purchases at online retailers as well as spending more at restaurants and bars, showing resilience. Retail sales increased 0.4% in April.
