WOOF - 2 Inflation-Resistant Stocks to Buy and Hold
Inflation is a huge concern for investors and companies today. Rising prices can chip away at profits and lead to less-than-stellar returns. But not all businesses will be affected the same way since some are more resistant to inflation and can increase their prices without having to worry about a significant drop in demand.
A couple of inflation-resistant stocks that investors should consider adding to their portfolios for some stability right now are Petco Health and Wellness (NASDAQ: WOOF) and Kraft Heinz (NASDAQ: KHC) . Both stocks have been outperforming the struggling S&P 500 this year (it's down 8%), and that's a trend that's likely to continue.
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2 Inflation-Resistant Stocks to Buy and Hold