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Stock impact report

Why Kenvue Inc. (KVUE) is Among the Best Household Stocks to Buy According to Hedge Funds [Yahoo! Finance]

Kenvue Inc. (KVUE) 
Company Research Source: Yahoo! Finance
Kenvue Inc. (NYSE: KVUE ) stands against the other best household stocks to buy according to hedge funds. On March 21, Bryan Spillane, Bank of America Securities' senior food and beverage analyst, appeared on CNBC's ‘The Exchange' to discuss things across his space and the trends surrounding consumer staples. He said that going through the first quarter of the year and having check-ins with companies has led him to conclude that the conditions in the sector have been soft, which is true across his entire coverage universe. Consumers are pulling back a bit, and there's uncertainty surrounding the conditions in the sector. What's surprising is that these trends started in January and extended through the first quarter. The sector, however, is showing a Read more
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