2018 remains a volatile investing year.
With many Consumer Staples stocks at or near 52 week lows, I am looking to add more in this sector.
Starting with PepsiCo - as can be seen in the graph above the stock is close to it’s 52 week low.
I currently own 15 shares of PepsiCo in my portfolio but with the price back around ~$100 I am considering adding to my position.
The reasons I liked and bought the stock in March still apply - while the price has declined some more.
PEP currently provides a great yield of 3.71%, and is a Dividend Champion with 46 (!) years of growing dividend pay-outs.
There is certainly a lot to like about this company with 22 billion dollar brands in it’s lineup.
The second stock on my watch list is Clorox.
Like PEP, this Consumer Staple stock is also hovering around 52 week lows (chart above).
The household brands powerhouse boasts 41 years of growing dividends, with a current yield of a very decent 3.21%.
The company is facing some recent headwinds (as is reflected in it’s declining stock price) - but given it’s dividend features it warrants additional research before possibly adding it to my portfolio.