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Top Coffee Stocks For Q2 2020

From: incestopedia.com

The coffee industry is a complex and multilayered one, including everything from producers and distributors to processors, wholesalers, and retailers. Notable names include Starbucks Corp. (SBUX), J.M. Smucker Co. (SJM), and Restaurant Brands International Inc. he coffee industry is a complex and multilayered one, including everything from producers and distributors to processors, wholesalers, and retailers. Notable names include Starbucks Corp. (SBUX), J.M. Smucker Co. (SJM), and Restaurant Brands International Inc.  There is no single sector or ETF for for the ubiquitous bean, and coffee-related stocks can be found both in the consumer discretionary and consumer staples sectors. In general, retailers and coffee shops are part of the consumer discretionary group, and producers and packaged food companies are part of the consumer staples group. These sectors have have had widely different market performance. The Consumer Staples Select Sector SPDR ETF (XLP) has dramatically outperformed the broader market, posting a -1.1% total return compared to the S&P 500’s -13.3% over the past 12 months. By contrast, the Consumer Discretionary Select Sector SPDR ETF (XLY) has underperformed, with a total return of -18.0% during the same period.1 These market performance numbers and the statistics in the tables below are as of March 19.

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