BofA: Cigarettes and Coca-Cola tend to hold up during recessions

This Beverage Maker, Tobacco Company And Packaged Food Giant Outshine In A Recession - Coca-Cola (NYSE:KO), McCormick & Co (NYSE:MKC), Philip Morris Intl (NYSE:PM)

Consumer Staples stocks like McCormick (NYSE: MKC) and General Mills (NYSE: GIS) have historically outperformed the S&P 500 during recessions. BofA Securities analysts say earnings per share, not sales growth, drive stock performance. Limited tariff exposure could also boost sector appeal.

BofA: Cigarettes and Coca-Cola tend to hold up during recessions

Tobacco, food, and other consumer staples tend to outperform the S&P 500 during recessions....