Analyst: Gregory Badishkanian Firm: Smith Barney Citigroup Industry Foodd and Staples Retailing, Beverages, Automobiles Rank On Top Ten Stock Pickers: 10.
So we have about 14percentt of the fund invested in sectors I guess we would call hiding places, consumer staples -- like beverage companies, foods and some of the drug companies -- and also utilities.
Participants continue with their traditional consumption of the "typical" Somali staple food and beverages such as sweet tea, cookies, rice and meat, while the consumption of vegetables and other greens has been reduced.
The list is skewed toward utilities and makers of consumer staples like food, beverages and personal and household products.
Investors could also increase their holdings in companies that produce consumer staples like food, beverages and household products.
Froehlich: I would position my consumer staples portfolio overweight food and beverage stocks while underweighting tobacco stocks.
The consumer staples sector includes food and beverage stocks such as PepsiCo Inc. and personal-products firms such as Kimberly-Clark Corp. "When times are challenging, it's usually those defensive areas that fare well," Stovall said.
Almost three-quarters of IT companies responded, followed by the consumer staples industry, which includes food and beverage companies.
"This may be making McDonald's even less 'discretionary' than staple companies selling salty snacks or carbonated beverages," Palmer says.
