CNBC Stock Blog
- Avis on the Road to Strong Growth: Analyst
- LinkedIn’s Growth Is Already Priced In: Analyst
- The Real Reason Behind Bank of America’s Rally
- 5 Hedge Funds’ Top Stocks Soar After 2011 Rout
- Bulls Check In to Community Health
- Bank of America’s Worst-Case Scenario Gets More Real
- Mulling Buffett's Stock Advice? Get in With REITs: Fund Managers
- So Now You Can’t Give Microsoft Away?
ABOUT THE CNBC STOCK BLOG
RSS FEED
CNBC EXPLAINS
Playing the Food Chain
Text Size 
It's a tough time for an investor to find the way to prosperity, but Doug Cliggott says it just might be found along the food chain.
He's also very specific about where prosperity is not likely to be found.
"Avoid areas where you need lots of credit growth to make it work," Dover Management's chief investment officer told CNBC.
Recommendations:
So where can you go without worrying about credit growth?
"The extreme ends of the food chain," Cliggott said. "No pun intended. Wal-Mart [WMT
Loading...
()
], Costco [COST
Loading...
()
], where you're going to go and buy it, because they just put a toll on everything that goes through the cash register.
"Then, I would focus on things like Deere [DE
Loading...
()
], that are selling the farmers the equipment to be more productive."
Disclosures:
Disclosure information for Doug Cliggott was not immediately available.
Data is a real-time snapshot *Data is delayed at least 15 minutes
