Editors' pick: Originally published May 25.

What are the best consumer goods stocks to invest in right now? RBC Capital Markets, a division of the Royal Bank of Canada, has six for consideration within its household, personal care, beverages and tobacco coverage.

The six stocks among RBC Capital's Focus List are included in one (or more) of three "investable buckets."

Companies in the "monetizing change" bucket have had significant stock moves both this year and over the past few years. The analysts see "further upside given many of the initiatives these companies have put in place have yet to be fully monetized," the report said.

RBC Capital Markets has listed Monster Beverage (MNST) - Get Report (a new addition to the Focus List), Newell Brands (NWL) - Get Report , Constellation Brands (STZ) - Get Report and Estee Lauder (EL) - Get Report in this bucket.

The "special situations" bucket identifies the potential for further M&A in the industry in the back half of 2016. RBC Capital Markets lists Newell Brands and Edgewell Personal Care (EPC) - Get Report  on this list, with Edgewell as a potential takeout candidate over the next 12 months. "We believe EPC, particularly its wet shave business, is a scarce asset with a long list of potential strategic buyers," the report said.

The third investable bucket is "visible delivery." Energizer (ENR) - Get Report  is listed in this bucket. "Nearly a year after Energizer's July 1 split from Edgewell Personal Care, we believe there is a higher level of EPS visibility given: 1) tangible evidence that pricing in the battery category is improving, 2) mounting investor confidence in ENR management and 3) our expectation for more cost cutting initiatives," the report said.

RBC Capital Markets has removed Reynolds American (RAI) and Cott (COT) - Get Report from its list.

Here's a closer look at each of the stocks on RBC Capital Markets' Focus List for household, personal care, beverages and tobacco stocks.