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What are CONSUMER STAPLES STOCKS? (Straight to the Point)

In around two minutes you will know what are Consumer Staples Stocks. You will get both professional definition and easy explanation. No intro, no outro, straight to the point. ► Get FREE stocks up to $4500 with Wealthsimple: https://bit.ly/3kzztaD ► My 275 Companies Watchlist: https://bit.ly/3cbWL3f ► The Best Books about Investing: https://www.amazon.ca/shop/artemdikarev ► Get $25 from Newton (Canada): https://web.newton.co/r/BP8LC6 ► Get $20 from BitBuy (Canada): http://go.bitbuy.tech/SH1G ► Get $10 in Bitcoin from BlockFi: https://blockfi.com/?ref=ebccda0d ► Get $10 from Coinbase: https://www.coinbase.com/join/dikare_1 ► Follow Me On Instagram:   / artemdkrv   Consumer Staples are stocks of companies that produce essential products. The opposite to Consumer Staples is Consumer Discretionary. And if you are not sure what it means, feel free to watch one of my other videos. And here is an example. Companies that produce food, beverages, household items, and even alcohol and tobacco are called consumer staples companies. Because no matter what happens with the economy, people still need to eat, drink, and clean. For this reason, stocks of such companies are united under consumer staples sector. And one of the main characteristics of this sector is that companies are able to produce constant cash flow no matter what. For this reason, some people consider investing in consumer staples stocks to be good strategy during periods of high inflation. If you find my content interesting, please consider subscribing to my channel. It helps a lot as a beginner creator. And let me know if there is anything you would like to know about personal finances and investing. *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.