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 2):
Praxair
Procter & Gamble
Sherwin-Williams
Thermo Fisher Scientific
Potash Corporation of Saskatchewan
Suncor Energy
BAE Systems
BP
Diageo
Reed Elsevier
Tesco
Vodafone Group
ArcelorMittal
Bayer
EDF
Holcim