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The rough patch hit by Procter & Gamble in emerging markets isn't giving unnoticed by some...

The rough patch hit by Procter & Gamble in emerging markets isn't giving unnoticed by some of its peers with Kimberly-Clark (KMB -1.2%), Colgate-Palmolive (CL -1.7%), and Clorox (CLX -1.5%) all showing weakness. ETF watch: Is the frothy run of consumer staple ETFs (XLP, FXG, VDC) at risk of running out of steam as sector rotation picks up?
Comments (2)
  • Here's hoping they keep going down. I own a little PG but also want KMB and the others. It would be nice to have them hit my buy prices.
    24 Apr 2013, 11:59 AM Reply Like
  • Let's face it, the "chicken" investors who now know that they missed the very best bull market in their lifetimes used consumer staples as their first toe into the water. It was they who gave this defensive group some pop in recent weeks. But the overall market had a overdue and mild correction and predictably this crowd ran for the hills. But the chickens be back to roost, P&G and KMB are the only bets that they will ever make.
    24 Apr 2013, 12:20 PM Reply Like
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