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- While pockets of softness still exist, we expect another year of mid-single-digit growth among consumer cyclical firms in 2011 as the U.S. economy continues its slow recovery.
- Commodity headwinds remain a concern, but some manufacturers/retailers have several levers to mitigate the impact.
- With plenty of cash on the sidelines, merger-and-acquisition activity among consumer cyclical names will likely continue
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Peter Wahlstrom has a position in the following securities mentioned above: AAPL. Find out about Morningstar’s
editorial policies.