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Hide from Fed taper with 3 stocks: Invesco's Sloan

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3 stocks to survive Fed taper: Pro

Stocks will likely drop 15 percent when the Federal Reserve ends its monetary easing policy, but three plays should continue to perform, Ron Sloan of Invesco said Tuesday.

"Companies with a lot of pricing power that are on the more cyclical end of the curve" would do well, as well as those with less exposure to the consumer, he said. "So, you want to be in businesses that basically sell vital components or subsystems to larger customers, where the customer is indifferent to price but the need is critical for the product."

On CNBC's "Halftime Report, " the senior portfolio manager, who oversees $12 billion in assets, shared his top three stock picks.

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