Wall Street has warmed up to consumer staples stocks in recent months as the prospects rise for a recession in 2023. McCormick (NYSE: MKC) and Procter & Gamble (NYSE: PG) are both ideal stocks if you're looking for exposure to these positive investing traits. Both companies are seeing demand pressure as they raise prices in the face of slowing consumer spending.
Clorox's (CLX) Q2 results reflect gains from strong demand trends, improved pricing, cost savings and strong execution, offset by lower volume and higher commodity costs.
Visa, Procter & Gamble, Infosys, Block and Devon Energy are included in this Analyst Blog.