There is plenty of uncertainty and unpredictability in the stock market these days. Investors looking to play defense against rising interest rates, elevated inflation and geopolitical uncertainty can always turn to the consumer staples sector for some solid recession-resistant investments.
High-quality consumer staples stocks produce household goods, food, beverages and other products that are always in demand and are not impacted significantly by economic cycles. These companies have predictable, reliable earnings, and many of them pay above-average dividends as well.
