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Are These The Best Consumer Staples Stocks To Have On Your Watchlist?
Throughout the pandemic, the consumer staples industry has and continues to supply the masses stuck at home with their daily necessities. As a result, the top consumer staples stocks performed rather well throughout 2020. You may be wondering, what exactly are consumer staples stocks? In a nutshell, consumer staples are companies that produce and sell items considered essential for everyday use. Thus, making the industry non-cyclical and mostly stable even amidst a pandemic. For investors, this group of stocks provides more defensive options in times of uncertainty.
For instance, we could look at the likes of Chipotle (NYSE: CMG) who is in the food-delivery business. Such companies benefited from pandemic tailwinds as more people depended on food delivery services. Now, CMG stock is looking at gains of over 190% since the pandemic hit last March. At the same time, analysts and consumers alike were quick to flock
Quantum Energy Squares Expands Nationally With Sprouts
Breakout Caffeinated Energy Bar Now Available in All Sprouts Farmers Markets Across the U.S.
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LOS ANGELES, Feb. 23, 2021 /PRNewswire/
Quantum Energy Squares, a plant-based energy bar powered by organic caffeine and balanced macros, has launched nationally in Sprouts Farmers Market and is featured in all of its 360+ U.S. stores.
Quantum Energy Squares are the solution to coffee crashes and sugary snacks. We re on a mission to bring long-lasting energy to health-conscious consumers with our unique blend of organic caffeine, balanced plant-based macronutrients and chef-crafted flavors, said
Although Sprouts Farmers Market Inc (NASDAQ: SFM) has a superior store concept, there is downside to near-tem comp estimates and its margins could erode over time, JPMorgan’s Ken Goldman said in a report. He initiated coverage of the company with a Neutral rating and a price target of $24. Read More.