Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

RSS FEED

» Help

Current DateTime: 04:13:52 14 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

Text Size
Oct.20
11:53 AM ET
Monday, 20 Oct 2008
Consumer Stocks: A Staple for Your Portfolio

Linda Bolton-Weiser, managing director at Caris & Company, says consumer staples stocks are the way to go. She expects earnings growth in the sector to be relatively strong at "around 10 percent on average."

"I think that many, if not all, are going to meet earnings expectations for the third quarter," she said. "If that’s the case, it will be interesting to see how these stocks behave...[some of the companies] have strong balance sheets, strong cash flow, and some of them are looking very inexpensive right now."

Plus, the sector tends to outperform other parts of the market during recessions, she says.

Recommendations:

Proctor & Gamble [PG  Loading...      ()   ]

Colgate-Palmolive [CL  Loading...      ()   ]

Estee Lauder [EL  Loading...      ()   ]

Avon Products [AVP  Loading...      ()   ]

Alberto Culver [ACV  Loading...      ()   ]

"Earnings growth is pretty stable for these companies regardless of the economy…The average dividend yield is about 2 to 2.5 percent," said Bolton-Weiser.

____________________________
More from CNBC.com:

____________________________

Disclosure:

Bolton-Weiser does not own stocks from any of the companies mentioned above.

Disclaimer

© 2009 CNBC.com

Tools:
PrintEmailAdd This share icon
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 01:02:14 14 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:02:14 14 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:04:04 14 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:04:04 14 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters