Play Defense With Stocks: Consumer Staples,  Food, Pharma

Natalie Erlich,|News Associate
Monday, 28 Apr 2008 | 3:53 PM ET

As the market gets a jolt of confidence on Mars’ plans to buy Wrigley , CNBC asked the experts how to make the most of the momentum.

Market Pulse Check
Areas where you should put your money to work, with John Dorfman, Dorfman Value Fund; Eugene Peroni, Advisors Asset Management and CNBC's Mark Haines

Getting Defense With Financials & Pharma

"I do think there are some bargains in financials, but I would only nibble lightly, and accumulate those gradually. I would also look at pharmaceutical stocks as defensive."

John Dorfman, Dorfman Value Fund

Dorfman recommends: FreightCar America , Goldman Sachs and AstraZeneca

Big Board Buzz
The word on the street, with Arthur Cashin, UBS Financial Services; Hugh Johnson, Johnson Illington Advisors and CNBC's Mark Haines

Stay Defensive

“You stay a little bit of the defensive side of the ledger. You have to be overweighting defensive sectors like consumer staples and utilities and start to shift to the more offensive or bull market side, and the way you do that is you start to overweight mid cap stocks, which are performing well, and also overweight some bull market sectors, most notably industrials, technology and basic materials.”

- Hugh Johnson, Johnson Illington Advisors

Food Prices
An edge on how you can play high food prices, with James Altucher, Formula Capital; David Kotok, Cumberland Advisors and CNBC's Becky Quick

Play with Food

“You want to avoid selling the quality companies that have already been beaten down too much. I like Sysco which basically has the monopoly on food distribution… They raise their dividend every year for the past 20 years; they have a three percent dividend. They bought back 30 million shares over the past two years; I think the company is about 20 percent off of its highs; I think it’s a solid buy right here.”

- James Altucher, Formula Capital

  Price   Change %Change


Contact Stocks


    Get the best of CNBC in your inbox

    › Learn More