Investors Can Play Defense In The Beverage Industry
June 27, 2012
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The market was looking good as stocks had enjoyed a two-week run that brought the S&P up more than 7% on hopes for additional stimulus from the Federal Reserve. Then, the DJIA drops 250 points a day after the Fed meeting. The stocks slide was accelerated by a bearish call from Goldman Sachs, which recommended clients build short positions in the broad S&P 500 index on expectations of more economic weakness. Investors should be concerned about the increasing uncertainty in the stock markets. Now is the time for investors to go into more defensive stocks with low betas and dividend payments. This means consumer staples or products that the population will continue to buy in tough times. One of the best places to be is in beverages. After all, we all need to drink! The non-alcohol beverages have been strong during market pullbacks. Here is a list of beverage stocks to consider.
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