The recently released reports of robust macroeconomic data are increasing the odds of another interest rate hike by the Fed this month. This is boosting fears of a recession later this year. During economic uncertainty, food makers present an excellent investment opportunity as they can maintain their profit margins due to the nature of their business.
To that end, it could be wise to buy fundamentally strong food stocks Sysco Corporation (SYY), Kellogg Company (K), and US Foods Holding Corp. (USFD).
