14 Best Consumer Staples Stocks To Buy Now

Published on October 20, 2023 at 12:41 pm by Ramish Cheema in Hedge Funds, News

In this piece, we will take a look at the 14 best consumer staples stocks to buy now. If you want to skip our introduction to the consumer staples sector, then check out 5 Best Consumer Staples Stocks To Buy Now.

The stock market is made of thousands of stocks that belong to firms operating in different industries and sectors. Broadly speaking, companies can be segregated into two categories. One of these is the business to business segment, which caters to firms that sell their goods and services only to other firms or large entities. The second segment is the consumer facing segment, made of companies like Apple Inc. (NASDAQ:AAPL) which sell products and services to private individuals.

The second segment can further be divided into two categories depending on the nature of their products. Apple is a consumer discretionary firm, which means that its sales depend on the income and money that customers have at their disposal for non essential spending. After all, not buying an iPhone in 2023 is unlikely to cause anyone to lose weight due to a lack of nutrition. The second category within the second segment is consumer staples companies. These lie on the opposite end of the spectrum of discretionary firms as they are made up of companies whose products are essential for daily living. A great example of a consumer staples, or consumer defensive, firm is Walmart Inc. (NYSE:WMT), since buying groceries is necessary to live healthily.

Naturally, the difference between the business models of consumer defensive and consumer discretionary firms also tailors their shares to the economic and stock market environment. As was the case throughout 2022, when inflation is rising and purchasing power and disposable incomes are dropping, consumer discretionary stocks rapidly lose value on the stock market. However, when the economy is growing, the trend is reversed and these stocks are often among the first to appreciate as investor expectations about the future state of the economy are reflected in the share price. For some such stocks, check out 15 Undervalued Cyclical Stocks To Buy Now.

As you might have guessed, consumer staples stocks are the opposite. During a market and economic downturn, their shares do not lose as much as their discretionary peers since people continue to spend on essentials even if their income is dropping. Naturally, this ‘defensive’ aspect of the shares also means that their growth lags the discretionary stocks in an economic upswing since no one would really buy five tubes of toothpaste instead of one even if the economy is growing in the double digits.

Since the fate of consumer staples stocks is tied to the economy, a brief look at the current economic state of the United States is necessary. U.S. stock markets roared during the first half of this year as an AI fueled hype wave and a robust economy muted fears about a downturn. Consequently, while Apple’s shares are up by 38% year to date, Walmart’s shares have posted more modest 11.88% in gains. However, the future might be different if we look at the current doom and gloom that has returned to investors’ minds once again during the tail end of a year.

Over the past month, the S&P500 index is down by 5.45% while the NASDAQ 100, the NASDAQ Composite, and the Dow Jones Industrial Average (DJIA) have shed 5.10%, 5.97 and 4.46%, respectively. This makes it clear the market is uncertain about the future, particularly about the number of interest rate cuts that might take place in 2024. Additionally, the longer the rates are higher, the greater their impact is on economic growth, which is then tied to the fate of consumer staples stocks.

Looking at these details, one would imagine that consumer staples stocks might be worth looking at. We took a look at some today, and the top picks are The Procter & Gamble Company (NYSE:PG), PepsiCo, Inc. (NASDAQ:PEP), and Walmart Inc. (NYSE:WMT).

Photo by NeONBRAND on Unsplash

Our Methodology

To compile our list of the best consumer staples stocks, we first made a list of the 20 largest consumer staples companies in terms of their market capitalization. Then, the number of hedge funds that had bought their shares during Q2 2023 was determined via Insider Monkey’s database of 910 hedge funds and the best consumer staples stocks are as follows.

Best Consumer Staples Stocks To Buy Now

14. Keurig Dr Pepper Inc. (NASDAQ:KDP)

Number of Hedge Fund Investors In Q2 2023: 40

Keurig Dr Pepper Inc. (NASDAQ:KDP) is a beverage company that sells coffee, soft drinks, and other products. As inflationary pressures start to ease all over America, the firm has seen its earnings performance rise as it has either met or beaten analyst EPS estimates in its four latest quarters.

As of June 2023, 40 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Keurig Dr Pepper Inc. (NASDAQ:KDP). Out of these, the firm’s largest shareholder is Jim Simons’ Renaissance Technologies since it owns 7.8 million shares that are worth $244 million.

Along with PepsiCo, Inc. (NASDAQ:PEP), The Procter & Gamble Company (NYSE:PG), and Walmart Inc. (NYSE:WMT), Keurig Dr Pepper Inc. (NASDAQ:KDP) is a top consumer staples stock.

13. Altria Group, Inc. (NYSE:MO)

Number of Hedge Fund Investors In Q2 2023: 43

Altria Group, Inc. (NYSE:MO) is one of the biggest tobacco companies in the world. It is one of the highest dividend paying stocks in the S&P500 index, due to its dividend yield of 9.5% which has jumped due to share price drops. Altria Group, Inc. (NYSE:MO) is also a dividend king since it has grown its dividend for 53 consecutive years.

By the end of Q2 2023, 43 out of the 910 hedge funds polled by Insider Monkey were Altria Group, Inc. (NYSE:MO)’s investors. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the biggest stakeholder among these, due to its $342 million stake.

12. The Estée Lauder Companies Inc. (NYSE:EL)

Number of Hedge Fund Investors In Q2 2023: 44

The Estée Lauder Companies Inc. (NYSE:EL) is an American firm that sells hair care, skin care, and associated products. The stock is rated Buy on average and analysts have penned in a rather sizeable $50 share price upside over the current $141 share price based on the average share price target.

During this year’s second quarter, 44 hedge funds among the 910 tracked by Insider Monkey had bought a stake in the company. Terry Smith’s Fundsmith LLP is The Estée Lauder Companies Inc. (NYSE:EL)’s largest hedge fund investor since it owns $1 billion worth of shares.

11. Monster Beverage Corporation (NASDAQ:MNST)

Number of Hedge Fund Investors In Q2 2023: 44

Monster Beverage Corporation (NASDAQ:MNST) is another beverage company that is best known for its energy drinks. The stock has delivered solid returns over the past decade or two, by providing a 31% annual return over the past 25 years.

After sifting through 910 hedge funds for the June quarter of 2023 shareholdings, Insider Monkey discovered that 44 were Monster Beverage Corporation (NASDAQ:MNST)’s shareholders. Out of these, the biggest stakeholder is Neil C. Bradsher’s Broadwood Capital since it owns 9.3 million shares that are worth $534 million.

10. Target Corporation (NYSE:TGT)

Number of Hedge Fund Investors In Q2 2023: 45

Target Corporation (NYSE:TGT) is an American retailer that sells a wide variety of general use products in its stores. The firm is currently gearing up to ‘target’ the holiday season in the U.S. by offering toys and games under $25 throughout its outlets.

Insider Monkey dug through 910 hedge funds to see their investments for 2023’s second quarter and found that 45 had bought a take in the company. Target Corporation (NYSE:TGT)’s largest investor in our database is Ken Fisher’s Fisher Asset Management due to a $272 million investment.

9. Constellation Brands, Inc. (NYSE:STZ)

Number of Hedge Fund Investors In Q2 2023: 48

Constellation Brands, Inc. (NYSE:STZ) is an alcoholic beverage company that is best known for its Corona beers. It is one of the few consumer staples stocks that are rated Strong Buy on average on our list, and analysts have penned in a $45 share price upside based on the average share price.

After sifting through 910 hedge funds for their investments during this year’s second quarter, Insider Monkey discovered 48 Constellation Brands, Inc. (NYSE:STZ) investors. Brandon Haley’s Holocene Advisors is the biggest shareholder among these since it owns $196 million worth of shares.

8. Philip Morris International Inc. (NYSE:PM)

Number of Hedge Fund Investors In Q2 2023: 54

Philip Morris International Inc. (NYSE:PM) is another tobacco major that controls a large portion of global cigarette supplies. However, the firm is seeking to move away from its dangerous products, and it aims to generate two thirds of its revenue through non smoke sales by 2030.

During 2023’s June quarter, 54 out of the 910 hedge funds part of Insider Monkey’s research had invested in the company. Philip Morris International Inc. (NYSE:PM)’s largest hedge fund stakeholder is Terry Smith’s Fundsmith LLP through a $1.5 billion stake.

7. Mondelez International, Inc. (NASDAQ:MDLZ)

Number of Hedge Fund Investors In Q2 2023: 55

Mondelez International, Inc. (NASDAQ:MDLZ) is an American confectionery maker that sells well known brands such as Cadbury. It is one of the strongest consumer staples stocks on our list since the firm has beaten analyst EPS estimates in all four of its latest quarters.

Insider Monkey took a look at 910 hedge fund portfolios for their second quarter of 2023 shareholdings to discover that 55 had held a stake in Mondelez International, Inc. (NASDAQ:MDLZ). Brandon Haley’s Holocene Advisors is the biggest investor among these since it owns 3.3 million shares that are worth $247 million.

6. Colgate-Palmolive Company (NYSE:CL)

Number of Hedge Fund Investors In Q2 2023: 58

Colgate-Palmolive Company (NYSE:CL) is a household brand best known for its toothpaste and toothbrushes. Like Mondelez, the firm has also beaten analyst EPS estimates in all four latest quarters. Its shares are rated Buy on average with analysts penning in a $14 upside based on the average share price.

58 out of the 910 hedge funds part of Insider Monkey’s database had invested in the company as of Q2 2023. Out of these, Colgate-Palmolive Company (NYSE:CL)’s largest shareholder is Jean-Marie Eveillard’s First Eagle Investment Management due to its $854 million stake.

The Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL), PepsiCo, Inc. (NASDAQ:PEP), and Walmart Inc. (NYSE:WMT) are some best consumer staples stocks that hedge funds are buying.

Click here to continue reading and check out 5 Best Consumer Staples Stocks To Buy Now.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

14 Best Consumer Staples Stocks To Buy Now

Published on October 20, 2023 at 12:41 pm by Ramish Cheema in Hedge Funds, News

Best Consumer Staples Stocks To Buy Now

14. Keurig Dr Pepper Inc. (NASDAQ:KDP)

13. Altria Group, Inc. (NYSE:MO)

12. The Estée Lauder Companies Inc. (NYSE:EL)

11. Monster Beverage Corporation (NASDAQ:MNST)

10. Target Corporation (NYSE:TGT)

9. Constellation Brands, Inc. (NYSE:STZ)

8. Philip Morris International Inc. (NYSE:PM)

7. Mondelez International, Inc. (NASDAQ:MDLZ)

6. Colgate-Palmolive Company (NYSE:CL)

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

14 Best Consumer Staples Stocks To Buy Now

Published on October 20, 2023 at 12:41 pm by Ramish Cheema in Hedge Funds, News

Share

Best Consumer Staples Stocks To Buy Now

14. Keurig Dr Pepper Inc. (NASDAQ:KDP)

13. Altria Group, Inc. (NYSE:MO)

12. The Estée Lauder Companies Inc. (NYSE:EL)

11. Monster Beverage Corporation (NASDAQ:MNST)

10. Target Corporation (NYSE:TGT)

9. Constellation Brands, Inc. (NYSE:STZ)

8. Philip Morris International Inc. (NYSE:PM)

7. Mondelez International, Inc. (NASDAQ:MDLZ)

6. Colgate-Palmolive Company (NYSE:CL)

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff