British American Tobacco (BTI -1.35%) owns the Lucky Strike, Dunhill, Camel, and Newport brands of cigarettes, among others. It also owns the Grizzly brand of dipping tobacco.
With the declining popularity of tobacco and the regulatory issues surrounding it, British American Tobacco has invested in what it calls "reduced-risk" alternatives. The tobacco company launched its first vaping product in 2013 with the Vuse line of electronic cigarettes. Vuse is now the top global vaping brand.
Consumer staples sector takeaways for investors
The largest consumer staples companies are all widely recognized brands or have well-known brands in their portfolios. Overall, this is one of the safer and more resilient market sectors. Top consumer staples companies are profitable businesses that see continued demand for their products, even during economic downturns. Many of them also pay high dividends.
Not all of those companies are safe picks, though. This sector also includes tobacco companies, and while they often yield great dividends, the tobacco business is a high-risk one. But there are many other types of businesses in this market sector, giving investors plenty of options.