It’s probably no surprise that tech and top-performing consumer staples stocks are ruling the market…
But if you look under the hood, you’ll notice that the put/call ratio continues to make lower lows, which tells me the Consumer Discretionary sector will pull back in favor of the broader stock market.
In fact, most of the drama surrounding earnings and chip stocks is already priced into the market.
I mean, I’ve been talking about this for months now!
That’s why I’m giving away a few top-performing consumer staples stocks in this video that you need to know about now.
2 Top-Performing Consumer Staples Stocks to Get in Before Holidays
Before we get into the picks, we should see a strong sector rotation moving into higher dividend-yielding names that give investors a bit more safety and income with less exposure to potential volatility.
This happened earlier this year and again in the middle of summer…
But I believe we’ll follow a similar pattern out of top-performing consumer staples stocks, which as a sector has recently moved from the weakest of the 11 sectors to the sixth spot.
And the first name you need to know about is the world’s largest consumer goods company and home to a number of iconic, trusted brands, Procter & Gamble Co. (NYSE: PG).
PG’s sales growth hit a new high this past year, with an impressive 6% — that’s great for a huge conglomerate.
When I last mentioned this stock, it was trading near the $140 level.
But I like it even more now, so I have a new price target of $165 per share over the next quarter.
Check out my short video below to get the next top-performing consumer staples stock on my list…
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. It’s no secret that inflation is running rampant…
But what most people don’t know is that Wall Street knows one of the best ways to beat it by flooding specific stocks set to outperform.
Thanks to this little-known trading tactic I’ve found, I’ve been able to get in on them before Wall Street.
In fact, I’ve already seen gains like 36.92% on APTV in seven days… 53.66% on PWR in four days… and even 83.87% on ALB in six days….
Now, I want to give everyday traders the exact ticker of the stock that just triggered this brand-new discovery…
