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Three consumer-staples stocks to sell — and three to buy in their place

Jeff Reeves
Three consumer-staples stocks to sell — and three to buy in their place

There is a lot to be said for a buy-and-hold strategy. Some investors foolishly believe that if you simply buy a stable consumer stock, you’re guaranteed gains if you’re patient enough. Not only does this not take into account the profits left on the table from underperformance, it also ignores the notion that some stocks do indeed go down — even if they are theoretically low-risk staples stocks.