Rising inclination towards self-medication, such as Over-The-Counter (OTC) drugs, nutritious supplements, and self-care products, are driving the growth of the consumer healthcare market. Therefore, it could be an opportune time to scoop up the shares of in-demand consumer goods stocks USANA Health Sciences, Inc. (USNA), Nature's Sunshine Products, Inc. (NATR), and LifeVantage Corporation (LFVN) to reap substantial returns.
Despite high inflation over the past year, the consumer goods sector delivered well and outperformed the wider market by a broad margin. The S&P Consumer Staples Select Sector index gained 3.4% over the past month, compared with 1.4% returns in the S&P 500.
