Analyst Interviews: Consumer Staples Sector Outlook
Stocks in the Consumer Staples sector carried out their traditional defensive role as the broader equity markets came under pressure over concerns about the prolonged weak US economy and the debt crisis in Europe. But the group has been a laggard as momentum returned to the market over the last three months. In 2011, the [...]
Stocks in the Consumer Staples sector carried out their traditional defensive role as the broader equity markets came under pressure over concerns about the prolonged weak US economy and the debt crisis in Europe. But the group has been a laggard as momentum returned to the market over the last three months. In 2011, the sector index grew 10.5% versus a flat finish for the S&P 500 index.
The group’s defensive attributes stem from its ability to buck sluggish economic growth as food, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards