When the economy rebounds, where's your portfolio going to be? UBS says that's a question to answer right now.
It's an update on an old concept. UBS has released what it calls its " 'New' Nifty Fifty," a list of 50 companies from around the world that can use today's troubling market conditions to position themselves to thrive when the economy rebounds.
UBS says companies that compare favorably to their competitors on these four points should be in good position to gain market share, and to have more to gain when demand picks up again.
The Nifty Fifty (Part 3):
L'Oréal
Nokia
Novartis
SAP
Swatch Group
Vinci
Singapore Airlines
Westfield Group
Canon
Japan Tobacco
Takeda Pharmaceutical
Toyota Motor
Yahoo Japan
China Mobile (HK)
FEMSA
Infosys Technologies
Samsung Electronics
Teva Pharmaceutical Industries