Consumer staple stocks aren't a bad place to be this morning after the force of gravity from the Heinz deal pulled up a large number of food-related stocks and PepsiCo put in a solid quarter. For the year, the Consumer Staples Select ETF (XLP) is up 7.9%, a move missed by many analysts who thought investors would be scared off by the higher payroll taxes in the U.S. Largest XLP holdings: Procter & Gamble, Coca-Cola, Philip Morris, and Wal-Mart.
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