
The consumer goods industry is well-poised to witness considerable growth this year and beyond, thanks to solid consumer spending and high purchasing power. Moreover, CPG companies are set for profitable expansion by embracing changing consumer needs and adopting new digital technologies to drive revenue and reduce costs.
Given the industry’s promising growth outlook, fundamentally sound consumer stocks Unilever PLC (UL), Yue Yuen Industrial (Holdings) Limited (YUEIY), and Mannatech, Incorporated (MTEX) could be ideal additions to your portfolio this week.