I love the industry because of the high number of low beta stocks. Foods and consumer goods are daily consumption products with essential functions. Consumers don’t stop washing or cooking if the economy is going down. Sure if they lose their job they need to look for cheaper products or scout for less services and quality but they don’t stop consuming. That’s also the reason why I love the processed and packaged goods industry. Car purchases will be deferred but toilet paper and deodorant buys not in the same way.
Linked is a small list of the highest dividend paying processed and packaged goods stocks. 12 of them have a current buy or better recommendation.