5 Top Performing Consumer Staples Stocks in January

In this article, we discuss 5 top performing consumer staples stocks in January. If you want to see more top performing consumer staples stocks in January, the risk/reward, and methodology of this list, go directly to 12 Top Performing Consumer Staples Stocks in January.

5. The Clorox Company (NYSE:CLX)

Year to Date Performance as of January 31: 3.11%

Number of Hedge Fund Holders: 27

The Clorox Company (NYSE:CLX) is a leading household products consumer staple that ranks #5 on our list of 12 Top Performing Consumer Staples Stocks in January given its rally of 3.11% in January. With a dividend yield of 3.26%, capital has likely rotated into the stock as recent months data has shown signs of inflation in the United States potentially peaking. If inflation declines, interest rates might not rise too much further and The Clorox Company (NYSE:CLX)’s dividend could be more attractive to some investors. Where interest rates go will depend on economic data and the Federal Reserve, however.