Some Consumer Stocks Are Still a Buy

S&P's Thomas Graves lists 15 shares with S&P's top recommendation in the consumer discretionary sector

The consumer will continue to power the economy -- but not quite so energetically as in the recent past. So investors will need to be more selective in shopping for consumer stocks. That's the lesson from Thomas Graves, head of Standard & Poor's Investment Advisory Services' group of analysts covering consumer-discretionary stocks. Nevertheless, he says S&P continues to recommend overweighting stocks in that sector. Among the trends Graves notes are consumers' tendency to concentrate more spending on their homes and their use of the Internet to comparison-shop.

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