- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- 3 Software Stock Picks from Lazard's Senior Analyst
- Investors Bet on a New Year's Rally For eBay
- Why You Should Play the Reflation Trade: Stock Picker
MOST SHARED
- No Thanksgiving Rest for Retailers in Sales Race
- Banks Play Down Dubai Exposure, Investors Still Wary
- UK's Darling to Downgrade 2009 Growth Forecast
- Attraction of Switzerland to Businesses
- More Asia Executives Resigned to Economy Flights: Survey
- San Miguel Sells $1.36 Billion Stake to Ally
- Oil Falls Below $75 on Dubai Default Worries
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- US Markets Bracing for Selloff on Dubai Debt Worries
- Dubai's Debt Woes Signal New Era for Creditors
- Shoppers Hit Black Friday Sales, Budgets Pared
- US Dollar Falls to 14-Year Low Against the Yen
- Fantasy Christmas Gifts 2009
- Car Insurance Scofflaws Raise Health Reform Doubt
- ING Prices Share Issue at Hefty Discount
- Cheap Robotic Hamsters Are Holiday's Unlikely Craze
- EU Names New Leadership Team to Boost Economy
RSS FEED
CNBC Stock Blog
Text Size 
Will Nasgovitz, portfolio manager of Hartland Advisors told CNBC he sees a few consumer staples stocks that will help boost portfolios.
“The discretionaries have been dismal,” said Nasgovitz. “The consumer is pulling back, people are eating out less, we’re dusting off our cookbooks, we’re asking relatives for new recipes and that’s good for [consumer staples stocks’] top-line.” (See the video clip for the full interview...)
Recommendations:
Safeway Grocery Store [SWY
Loading...
()
]—“They’re trading at 10 times earnings…and are going to be a cash flow machine next year. They’re going to have a growth of $700 million of free cash flow versus [over] $500 million this year, and maybe a billion in 2010…”
Hormel Foods [HRL
Loading...
()
]—“We think there’s a real margin opportunity...It’s a company with a great balance sheet, a nice dividend, a leader in the space.”
Disclosures:
Disclosure information was not available for Nasgovitzor or his company.
Data is a real-time snapshot *Data is delayed at least 15 minutes