I don't mean stock up on canned food for the apocalypse but honestly probably not a bad idea.
What I mean is to invest in companies that manufacture and/or sell food. This isn't shit that get affected by consumer spending habits. Believe it or not, people still need to eat no matter how expensive it is.
Looking at the blood bath of my portfolio today there are 3 that resisted: Tyson, Pepsi, and Spartan Nash. As a side note these companies are all balls deep in Amazon Fresh, but that doesn't really apply here. Looking at a smattering of other Food stocks, we can see similar patterns today:
– KR: +1.84%
– COKE: +2.79%
– GIS: +2.9%
– TSN: +2.22%
– PEP: +0.79%
– SPTN: +1.65%
– MDLZ: +0.8%
– SFM: +4.0%
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