Consumer Staples Sector Is Pricey, but Opportunities Remain
January 09, 2020 at 11:11 AM EST
The Consumer Staples Select SPDR (NYSEArca: XLP), the largest ETF dedicated to that sector, jumped 27.4% last year, an admirable performance for a low beta group in a year in which equities rallied. The downside of upside in defensive sectors, including consumer staples, is that lofty valuations...