The 3 Best Consumer Stocks to Buy in August 2024

Consumer stocks are in an interesting position. Numerous consumer discretionary stocks have been oversold amid growing economic uncertainty, while consumer defensive stocks are defensive plays that can protect against a volatile economy. Considering the above, I undertook a rigorous screening process to identify three prudent consumer stocks. Methodologically, I looked for a mix of undervalued and low-beta assets, allowing investors to select from a basket of differentiated stocks. Although I screened for d ...