Companies that concentrate on food, healthcare, and other essential services have either gained traction or remained relatively stable. Many investors looking for safer venues for their capital have redirected their attention to businesses that tend to perform well during economic downturns and recessions. Their rationale is that Americans will always require healthcare, basic necessities such as food, toiletries, and electricity to power their homes, along with the occasional alcoholic or carbonated drink.
Here are some companies that have succeeded in posting gains or minimal losses for the week:
Food
Food manufacturers, grocery stores, and restaurants anticipate feeling the effects of rising costs on imported goods. Food, particularly at grocery stores, is an expense that cannot be entirely eliminated from a budget and will likely be reluctantly absorbed by consumers.
Conagra, up 0.5%
General Mills, up 0.9%
Hormel Foods, up 1.3%
Utilities/Essential Services
Utility providers for electricity, gas, and other services also demonstrate resilience in uncertain economic times. These are expenses, much like cars’ gasoline, that cannot vaguely be eliminated from an individual’s budget.
Exelon, up 1.4%
American Tower, up 2.1%
Consolidated Edison, up 0.5%
American Water Works, up 0.7%
Health Care
Health care is viewed as a relatively safe sector for investors. Operators of hospitals, insurance companies, and various health-related businesses are regarded as essential.
Molina Healthcare, up 7.4%
Centene, up 3.2%
UnitedHealth Group, up 1.8%
Groceries and Some Retailers
Grocery stores and major retailers containing extensive grocery sections are also considered resilient. Discount retailers frequently benefit from consumers’ tendency to downshift their spending.
Kroger, up 0.7%
Dollar General, up 7.6%
TJX Companies, up 3.3%
Beverages
Consumers who typically cut back on dining out tend to redirect some of that spending towards home consumption. Beer and soft drink companies have indicated that tariffs will impact their financial performance, but investors have begun focusing on the larger players.
Molson Coors Beverage, up 1%.
FAQs
Q1. What are the key indexes of the US stock market?
A1. The key indexes of the US stock market are S&P 500, Dow Jones, and Nasdaq.
Q2. Who is the President of the USA?
A2. The President of the USA is Donald Trump.
