3 Safe Consumer Staples Stocks With Good Dividend Yields

As the market has enjoyed a massive rally in the last two years, it is getting harder and harder to find decent bargains that can hold up in the summer slowdown I see coming. One place to look is in the Consumer Staples area which has vastly underperformed the overall market. Here are three stocks that have reasonable valuations, a solid and growing dividend, as well as being largely recession resistant. Avon Products (AVP) - Avon Products Inc. manufactures and markets beauty and related products worldwide. Its product categories include color cosmetics, fragrances, skin care, and personal care; fashion jewelry, watches, apparel, footwear, and accessories; and gift and decorative products, housewares, entertainment and leisure, and children's and nutritional products. Valuation and Investment Case – AVP sells at 14.5 times this year's consensus earnings and around 13.5 times next year's projected earnings. It sells for a little over 1 times revenues.... Read more