Larry Bellehumeur

13 Safe Stocks in a Return to the 1970s

I like the article for the most part...Couple of points:

1) You could likely substitute Microsoft for Cisco in your Consumer play, as MSFT has much more of its overall revenue exposed to the Consumer than CSCO, who only has some through its Linksys brand. Much more of their revenue is through SMB, Corporate and Government.

2) Don't know if I would include PetroBras in the category of a Low Cost producer. I like the company, but most of its production needs $60 to $80 a barrel to be productive, as the cost of Off-shore rigs is still high. They also still have a lot of exploration costs....

3) Apple, Disney and Nike are all solid brands, and will bounce back violently to the upside when the consumer starts spending.

Larry