These are 2 stocks from the most resilient sector you'll find on the planet
It probably occurs to everyone that in bad times, investors withdraw to resilient sectors. And one of them is quite possibly even more resilient than the others.
Investors tend to move into safe areas before and during recessions. That's because when a recession hits, the more cyclical and riskier companies with higher profits offer worse prospects for one's capital than companies that aren 't as affected by an economic downturn.
In practice, this means that sectors such as technology and consumer goods tend to perform very poorly, while sectors such as utilities and basic consumer goods outperform due to their reliable profit streams. And can you think of anything that people need regardless of the situation? That's right - food and water!
With this in mind, let's take a look at two companies in this very sector.
Campbell Soup $CPB
A company that manufactures and distributes a huge variety of food and beverage products in the United…
iklop
A company that manufactures and distributes branded packaged foods globally. The company sells a diverse assortment of goods, including cereals, yogurt, soups, meal kits, snacks, ice cream, nutrition bars, frozen pizza, pet food, etc., etc. General Mills tends to focus on the premium markets ................
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