Sarat Sethi thinks investors should feed their portfolios food stocks.
"We're putting money into food stocks, which are necessities, not discretionary items," the partner and portfolio manager for Douglas C. Lane and Associates told CNBC.
"The consumers are going to...buy their cereals, they're going to buy whatever they need for their home and their children."
Sethi likes Campbell Soup, General Mills, and Kraft Foods.
"These are branded companies that have strong dividends, great balance sheets, and you're getting over a third of their earnings from international, so the weak dollar, combined with that, in terms of being defensive, you're actually looking at close to 8 to 10 percent earnings growth, plus the dividend," he explained.
"I would say that's a pretty good return, and being more aggressive than being defensive."