And that is exactly what you'll find today from consumer staples stocks like Procter & Gamble (NYSE: PG), Coca-Cola (NYSE: KO), and Hormel Foods (NYSE: HRL) -- all names that you'll find in your local grocery store. A broad array of products Procter & Gamble is probably the most diversified name on this list, offering consumer staples from deodorant to paper towels. And while some investors might be worried about the impact inflation will have on Procter & Gamble's profit margins, history suggests it will be able to pass through price increases over time.