The Top 2 Consumer Staples Stocks to Buy Right Now

By Patrick Sanders – Mar 21, 2026 at 3:15AM ESTKey PointsArcher-Daniels-Midland has 53 consecutive years of dividend increases.Hershey is forecasting a significant earnings increase for 2026.Like many other investors, I've been keeping a close eye on the technology sector in the last couple of years. The explosive growth of the "Magnificent Seven" stocks pushed the S&P 500 to several new highs over the last 12 months and made many people richer. But while tech is taking a bit of a breather, you may not have noticed that several consumer staples stocks are outperforming the market by leaps and bounds. Consumer staples stocks are issued by companies that produce and sell everyday essentials such as food, beverages, cleaning supplies, and personal care products. Image source: Getty Images. And these stocks can be even more appealing right now as global conflict and a shaky economy make a lot of consumers nervous. The best part about holding consumer staples stocks is that they often have a lower risk of losses during a recession. And because they often have reliable earnings, they also frequently offer attractive dividends. I've found two consumer staples stocks that are off to a great start, each jumping more than 10% so far this year. And each pays a dividend yield that's far better than the 1.15% yield currently offered by the S&P 500. Archer-Daniels-Midland Archer-Daniels-Midland (ADM 3.60%) is a processor of agricultural products -- it essentially turns them into ingredients used to make human and animal food. The company makes protein products, sweeteners, and flavorings in its network of 150 manufacturing sites. It also makes products for chickens, horses, pigs, and other farm animals, as well as separate nutritional products and treats for household pets. The company's stock bottomed out in April of last year before beginning to rebound. And it showed a lot of promise in Archer-Daniels-Midland's fourth-quarter results. While revenues of $18.55 billion were down from $21.49 billion and earnings per share (EPS) fell from $1.17 to $0.94, the company projected that 2026 would be a greatly improved year. Management issued guidance for 2026 earnings to be in the range of $3.60 to $4.25, versus 2025 EPS of $2.23. ExpandNYSE: ADMArcher-Daniels-MidlandToday's Change(-3.60%) $-2.47Current Price$66.17Key Data PointsMarket Cap$32BDay's Range$65.07 - $68.8252wk Range$40.98 - $73.72Volume17MAvg Vol3.8MGross Margin5.37%Dividend Yield3.10% "We remain on track to achieve $500 to $750 million of aggregate cost savings over the next three to five years, beginning in 2025, and we believe increased clarity on biofuel policy combined with the evolution of global trade should support a more constructive operating environment for us in 2026," CEO Juan Luciano said. The company increased its dividend by 2%, marking the 53rd consecutive year of dividend growth, which qualifies it for Dividend King status, and its yield is currently 2.9%. The stock is up 24% so far this year. Hershey Hershey (HSY 0.21%) is best known for its chocolate products, but it also makes a wide range of other products. Its portfolio of 90 snack foods includes Twizzlers, Dot's Homestyle Pretzels, and Skinny Pop popcorn. Interestingly, the company has long kept its brand portfolios siloed, so it may make sense that consumers don't realize Hershey's broad reach. But that may change, as management recently announced that it was integrating its Sweet, Salty, and Protein brands under a single portfolio to capitalize on its brand power and centralize marketing. Revenue in the fourth quarter was $3.09 billion, up 7% from a year ago, but income dropped 57% to $320 million, and adjusted earnings fell 36% to $1.71 per share. Management attributed the drop to charges related to its 2024 purchase of Sour Stripes and its 2025 acquisition of the snack food company LesserEvil. ExpandNYSE: HSYHersheyToday's Change(-0.21%) $-0.44Current Price$210.14Key Data PointsMarket Cap$43BDay's Range$208.98 - $212.3752wk Range$150.04 - $239.48Volume5.7MAvg Vol2MGross Margin34.30%Dividend Yield2.65% Hershey is expecting 2026 sales to increase 4% to 5% and full-year adjusted earnings to be in the range of $8.20 to $8.52, which would be an increase of 30% to 35% from a year ago. Investors have pushed Hershey stock up by nearly 15% so far this year, and the company's generous dividend yields 2.7%.Read NextFeb 5, 2025 •By Jeremy BowmanWhy Archer Daniels Midland Stock Was Slipping TodayApr 30, 2024 •By Jeremy BowmanWhy Archer-Daniels-Midland Stock Was Falling TodayMar 12, 2024 •By Keith NoonanWhy Archer-Daniels-Midland Stock Gained TodayJan 25, 2024 •By Steve SymingtonWhy Archer-Daniels-Midland Stock Plunged 25% This WeekJan 22, 2024 •By Lou WhitemanWhy Archer-Daniels-Midland Stock Is Plunging TodayJul 26, 2022 •By Motley Fool TranscribingArcher Daniels Midland (ADM) Q2 2022 Earnings Call TranscriptAbout the AuthorPatrick Sanders is a contributing Motley Fool stock market analyst covering stocks and ETFs in the consumer, financial, and technology sectors. Before joining The Motley Fool, he was an assistant managing editor at U.S. News & World Report and a news editor for The Associated Press. He holds a bachelor’s degree in journalism from Marshall University.TMFPatrickStocks MentionedArcher-Daniels-MidlandNYSE: ADM$66.08(-3.73%)-$2.56S&P 500 IndexSNPINDEX: ^GSPC$6,506.48(-1.51%)-$100.01HersheyNYSE: HSY$210.14(-0.21%)-$0.44*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.