3 Consumer Staples Stocks to Buy as Inflation Subsides

As the economy started to recover from the onset of 2023, primarily on an AI boom, investors rushed back to sectors with mega-cap growth stocks like tech and away from safer and cash-flow-generating sectors like consumer cyclicals. Consumer Staples, in 2023, declined for the second year in a row, with the Consumer Staples Select Sector SPDR (XLP) sliding less than 1%.However, the sector has recovered this year and was up 9.1% as of Jun 4. The calendar year has been marked by apprehensions about the Fed not ...