3 Stocks That Could Be Easy Wealth Builders
If you are looking to build your wealth, one of the easiest ways is to buy reliable dividend stocks. One of the best places to find reliable dividend stocks is the consumer staples sector. Luckily for you, some of the most iconic consumer staples stocks look like they are on sale right now, including General Mills (NYSE: GIS), (NYSE: CLX), and (NASDAQ: PEP). Here's a look at each one.
Wall Street tends to think very short term, which is great news for investors with the wherewithal to think long term. Specifically, General Mills, one of the largest packaged food makers on the planet, is seeing a slowdown in its business. Sales dropped 2% in the fourth quarter of fiscal 2025. Thus, investors are shunning the stock, pushing its dividend yield up to a historically high 4.8%.
General Mills stands toe to toe with any of its peers as a business. It has a strong brand portfolio, it has an impressive innovation track record, and it has top-notch distribution and marketing strength as well. Right now, performance is weak because of shifting consumer trends and buying habits. That's not unusual -- the company is used to adjusting with the times. That's how it has managed to pay a dividend for 124 years.
Source Fool.com
Clorox Co. Stock
Our community is currently low on Clorox Co. with 3 Buy predictions and 9 Sell predictions.
However, we have a potential of 12.38% for Clorox Co. as the target price of 118 € is above the current price of 105.0 €.
