Today's 360 Round is on Consumer Staples. "We're not a huge fan," says Alexis Browne. She says they benefitted from the TINA trade when investors were looking for safety in stocks rather than bonds, which has largely been unwound with rising rates. Mel Casey notes that despite the sector's underperformance this year, it was one of the top earners of 2022. He likes Pepsico (PEP).
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28 Nov 2023
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