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Has the rally in consumer staples (XLP) stocks run its course? A group of large well-known...

Has the rally in consumer staples (XLP) stocks run its course? A group of large well-known defensive stocks have been on the offensive in 2013 with all-time highs falling left and right to stretch some valuations beyond historic norms. Though upgrades on the sector are still piling in, skeptics are advising investors to tread carefully. On watch: PG, CLX, KO, K, GIS, CL, BUD, EL.
Comments (3)
  • User 8754731
    , contributor
    Comment (1) | Send Message
     
    These stocks still have room to run. Remember, they are consumer Staples. Regardless where interest rates go, what the jobs outlook is or where the economy is headed, most people aren't going to stop using toilet paper, toothpaste, deodorant, personal care products and cleaning products. Also in this category, I would consider drug stocks, as diabetics, people with high blood pressure and millions of others with illnesses that require daily meds will still need to take them regardless of economic swings. Plus, because these companies are large well mature companies, they also pay nice dividends. I would hang on to these stocks in good times and bad
    27 Mar 2013, 09:19 AM Reply Like
  • SteveTheHawk
    , contributor
    Comments (1248) | Send Message
     
    I will probably hang on to the few of these that I own. I won't be buying any of them though. I feel like every single one of them is either fairly valued or over valued.
    27 Mar 2013, 12:14 PM Reply Like
  • greg1234
    , contributor
    Comments (7) | Send Message
     
    You might throw in utilities like Duke also.
    27 Mar 2013, 04:44 PM Reply Like
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