He also recommends PowerShares Intl. Dividend Achiev (PID) as a way to capitalize on world growth in a relatively safe way.
Jeff Macke tells the panel to stick with Clorox (CLX) and Procter & Gamble (PG). On a related note, he doesn’t like the Consumer Staples Select Sect. SPDR (XLP) because he says that fund has a lot of Wal-Mart (WMT) in it.
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Trader disclosure: On July 26th 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Bolling Owns (BP); (XOM)