Consumer staples stocks like PepsiCo are performing well, but Kraft Heinz, Conagra Foods, and B&G Foods are struggling.

From Nasdaq: 2025-03-14 14:44:32

The Nasdaq Composite and S&P 500 have entered correction territory, causing concern for investors. Many are seeking safety in consumer staples stocks, known for being defensive picks. However, not all consumer staples companies are worth buying. PepsiCo stands out with a 2.6% gain amid a 2.6% decline in the average consumer staples stock. On the other hand, Kraft Heinz, Conagra Foods, and B&G Foods are struggling and may not be safe investments despite high dividend yields. Investors should carefully evaluate the underlying businesses before making decisions in the current market correction.



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