BellRing Brands is a top packaged food stock to buy with strong growth potential.
From Yahoo Finance: 2025-04-11 16:16:00
The US packaged food market was valued at $1.03 trillion in 2021, with a projected CAGR of 4.8% from 2022 to 2030. Factors like consumer demand for convenience, e-commerce sales, and innovations in plant-based products are driving this growth.
Consumer staples historically outperform the S&P 500 during recessions, but current market conditions like weak volume growth and high prices may affect sector resilience. EPS, rather than sales growth, impacts stock prices in the consumer staples sector during economic uncertainty.
Top-performing consumer staples stocks share traits like solid balance sheets, profit flexibility to offset costs, and a strong US manufacturing presence. These factors contribute to their success in maintaining valuation multiples and mitigating tariff-related inflation.
Read more at Yahoo Finance: Why BellRing Brands (BRBR) Is Among the Best Packaged Food Stocks to Buy Now