Consumer Defensive: Strong Growth Leaves Few Values
Shifting consumer health trends are having a big impact on the sector.
Consumer defensive continued its string of outperformance in the third quarter, gaining 5% versus 1% for the broader U.S. equity market through Sept. 24 (Exhibit 1).
Sector performance outpacing the market lately. - source: Morningstar
Erin Lash, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.