By Brian Kehm The stock market keeps on hitting new highs. Although, consumer staples stocks haven’t been leading the charge. Relative to big tech and some other sectors, consumer staples are undervalued.
As a result, you can buy the defensive stocks below at a discount. They can help provide stability in your portfolio, along with a steady stream of income. Most of their dividend yields aren’t huge… but they’re still hard to beat in our low interest rate world.
On top of that, most of these companies have a long history of increasing their dividends…
Procter & Gamble (NYSE: PG)
Kraft Heinz (Nasdaq: KHC)
Altria Group (NYSE: MO)
General …read more
