The technology sector has been melting down and lot of the money coming out of it is going into more conservative stocks.
Many of these stocks are in the consumer staples sector. This sector consists of companies that have products people will buy even if the economy does poorly. They include Procter & Gamble Company PG, Coca-Cola Company KO and PepsiCo, Inc. PEP.
The stocks of these three companies have been trending upwards and now they're all testing resistance. If the resistance breaks, they could make big moves higher.
P&G is testing resistance at the $138 level.
Coca-Cola is trading close to the important $54.65 level.
Pepsi is testing the resistance at $147.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.