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Defensive Plays to Beat Market Volatility

Brooke Sopelsa,|Writer/Producer
Friday, 17 Oct 2008 | 3:38 PM ET

Investors will have a rough ride until April, says Bill Spiropoulos, CEO of CoreStates Capital Advisors, but he thinks now is the time to put money to work.

“There’s some defensive names like Johnson & Johnson and Procter & Gamble that you can start putting money back to work (in),” he said.

“P&G is more than soap and three-ply toilet paper," he added. "They export to 190 countries, and it’s a fire sale—25 percent off.”

Spiropoulos also likes Goldman Sachs .

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