1. Among these are drugs, consumer staples and old-line industrial companies. 2. A. We have been very focused on noneconomic sensitive sectors like consumer staples and health care. 3. But makers of consumer staples benefited, too. 4. Consumer staples, which are less sensitive to the business cycle, moved higher. 5. Earnings estimates for companies making consumer staples, including General Mills and Kellogg, are also falling. 6. Erica Robb, a spokeswoman for the company, says it is shifting its focus to consumer staples and leaving malls as leases come up for renewal. 7. Even makers of consumer staples, such as toothpaste and soft drinks, suffered. 8. For him, consumer staples, health care, energy and some cyclical stocks fit that description. 9. He also likes financial stocks, which will benefit from declining market rates, and consumer staples, which also do well in a slower-growth environment. 10. In a sluggish economy, where investors have fled technology issues and other cyclical stocks, the company is well positioned as a consumer staple. |