Consumer Staples Investments Are Down But Investors Should Be Paying Attention

"Companies that sell products are staples in everyone's lives. Investments in the sector are down 8% to 15%. Stocks are not sold as quickly as high growth companies that do not have earnings to support their valuations," says Ed Butowsky. "Investors should be paying attention to defensive sectors. Can pricing power hold up during high inflation? Potential impact of currency markets and a strong U.S. Dollar impact on exporters. My names to watch are Costco (COST), PepsiCo (PEP), and Church & Dwight (CHD)," adds Mel Casey.