Jim Cramer Names 4 Consumer Staples Picks — SkimNews
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- Nasdaq-100 ended October down almost 7%, while the S&P 500 Equal Weight gained roughly 5% and the consumer staples index surged 11.4%, ranking second only to energy.
- Kimberly-Clark is the newest holding in Cramer’s Charitable Trust; after a nearly 11% October gain, it still trades below 15 times earnings with a 4.7% yield, and Cramer expects its pending Kenvue merger to create efficiencies.
- Procter & Gamble delivered better-than-expected quarterly results last week, and Cramer cited confidence in new CEO Shailesh Jejurikar; shares rallied 11% in October, although the Investing Club exited its longtime position in July.
- Constellation Brands rose 20% in October; its core beer business gained market share and its wine and spirits division reported 15% shipment growth last quarter, while the stock trades at roughly 11 times earnings and yields more than 3%.
- Coca-Cola reported strong quarterly results Tuesday driven by higher volume rather than price increases; Cramer also praised its zero-calorie innovation and Fairlife protein options, and shares gained 9% in October.
- Jim Cramer recommended “camping out” in consumer staples Friday until tech-sector issues are sorted, identifying Kimberly-Clark, Procter & Gamble, Constellation Brands and Coca-Cola as four companies he finds particularly attractive.
Why it matters: For investors weighing a retreat from tech, the contrast is measurable: the Nasdaq-100 fell almost 7% in October while consumer staples gained 11.4%, second only to energy. Cramer’s four picks turn that broad sector move into a short list backed by earnings multiples, yields, shipment growth and volume-led results.
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