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September 22, 2006

More staples needed, Fri., Sept. 22, 2006, 3:25 PM

After I published the article "Protecting yourself with staples" at 6:35 pm last evening, a money manager sent me a note as to two of his favorites in the Consumer Staples (GICS 30) sector.

I agree very much with the UBS (report page 5) scenario that as GDP growth slows, the risk is elevated in consumer cyclicals and lowered in the consumer staples group.
Download UBS Sept 20 PG Report.

You know, people under economic pressure don't always drink alcohol and smoke cigarettes. Some just eat candy bars and chew gum. So how about (drum roll); Wm Wrigley Jr Co (NYSE: WWY) and Hershey Foods Corp (NYSE: HSY)?


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I'll leave it to you to review the data. Once we get the myGrassroot deal working, we could put out our own reports. Many of us even have personal experience with the products. Veritable experts. (lol)

Wm Wrigley Jr Co. [GICS 30]
(WWY: Yahoo Finance file)
(WWY: StockChart chart)
(WWY: Investertech chart)
(WWY: ADVFN Financial Data)
(WWY: ADVFN Financial Data)

Hershey Foods Corp [GICS 30]
(HSY: Yahoo Finance file)
(HSY: StockChart chart)
(HSY: Investertech chart)
(HSY: ADVFN Financial Data)
(HSY: ADVFN Financial Data)

Posted by Posted by Bill Cara on September 22, 2006 03:25:45 PM | Category: 30 Consumer Staples

Discourse

See also this article from BCA research about Hypermarkets:

http://www.bankcreditanalyst.com/public/story.asp?pre=PRE-20060922.GIF

Posted by: jdreeves [TypeKey Profile Page] at September 22, 2006 3:56 PM [link]