Food stocks offer income investors consistent growth and market-beating yields. We believe that food stocks can be a good place to invest for income. Companies in the food industry perform much better in a recession than other sectors as consumers still need to eat and drink, making food industry companies one of the most resilient groups.
These stocks likely won’t provide extraordinary gains, but they can offer consistent growth and market-beating yields. These types of stocks can also help an investor balance out the more growth orientated portions of their portfolio. Three of our favorite food stocks ranked in order of expected returns are: General Mills (NYSE: GIS), Flowers Foods (NYSE: FLO) and Mondelez International (NASDAQ: MDLZ).
Source: InvestorPlace
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