The stock market fell quite a bit on Monday… At one point, the SPDR S&P 500 ETF Trust (NYSEArca: SPY), an exchange-traded fund that tracks the S&P 500, was down almost 4%!
Over the past few months, I’ve been trying to keep us ahead of volatility by highlighting the best consumer staples stock picks for 2022.
That’s because whether we believe the markets are headed up or down, consumer staples stocks are a great way for people to ground their trading accounts and reduce volatility and negative exposure…
And these stocks may be going higher even if the broader market experiences a reversal!
My Top 11 Consumer Staples Stock Picks for 2022
If you take a look at consumer staples stocks, you’ll notice that most of them have been going up for the past six months…
Just take a look at my first consumer staples stock picks for 2022:
This is a six-month chart of Anheuser Busch Inbev SA (NYSE: BUD), and you’ll see that the stock is near its six-month high.
Now, it’s still a bit away from a one-year high. But for the past six months, prices have been going up.
I mean, BUD gained about 7.56% over the past year!
It’s a defensive stock, so if the broader market keeps moving like it is right now, there’s a good chance BUD will go even higher.
And I wouldn’t be surprised to see a price target of about $70 per share over the two to three months if the market continues to show pressure — and not necessary downside, but just some pressure.
Check out my short video below to get the next consumer staples stock picks for 2022…
I recommend traders get a little defensive right now by either putting some of these names into their portfolios, or some utilities.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. I’ve kept this strategy a secret from the public for about two years now…
But I’m tired of watching traders yield 8% from the S&P 500 when they could’ve been using another strategy to trade it for a 134% total return since October — just like I did!
So I put together a trading class to show everyone how this strategy has outperformed the S&P 500 by a factor of 9 1/2 times over 12 years.
I’ll even show people how and why it’s critical to stay ahead of sector rotations in the markets… and my No. 1 sector play over the next six months…