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Food Stocks Nourish His Portfolio

How to handle that craving for commodities? William Rutherford of Rutherford Investment Management does it with food.

"I don't think chasing commodities is a wise play," he told CNBC. "The important thing for people is to have a diversified portfolio, diversified in their sectors and diversified within those sectors."

Food-related stocks make up about 12 percent of his portfolio, running the gamut from fertilizer maker Monsanto, through farm equipment producer John Deere, to the Kroger supermarket chain.

"It's an emphasis on a sector, and an emphasis on a theme, that food costs are going up, they are up," Rutherford said.

There are also eggs in his basket, in the form of Cal-Maine Foods.

"Along the way, there's a very interesting company that we found, and it is an egg producer and an egg distributor," he said. "They've done quite well."

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