Consumer Staples: Definition, Examples, & Stocks

Look for the bare necessities.
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Some things you just can’t live without. Consumer staples are products that are essential or that you’re likely to purchase regardless of your personal finances or how the economy is performing. Food, drinks (including alcoholic beverages), tobacco, and household and personal care items are all considered consumer staples.
The sector comprises a broad swath of companies that make, market, and sell these goods. If you’re considering investing in the consumer staples sector, knowing its key characteristics and the major players can help you decide which stocks are right for you.