Shoppers Are Sticking With Brand Labels. That’s Good News for Kellogg and General Mills Stock.
Despite an increase in consumers purchasing private label products last month, national brands still dominate the stock market. A recent Barron’s article featuring CIO Matt Dmytryszyn discussed the opportunities for investing in consumer stocks due to the inflation of food prices and the potential shift back to packaged food among consumers. Are consumer staple stocks worth the investment?