Quarter-End Insights Our Outlook for Consumer Defensive Stocks The consumer defensive category offers value and stability in a volatile market. R.J. Hottovy, CFA Sep 28, 2011 Link Copied Mentioned: Unilever PLC (ULVR) , Reckitt Benckiser Group PLC (RB.) , Nestle SA (NESN) , Anheuser-Busch InBev SA/NV (ABI) , Anheuser-Busch InBev SA/NV (BUD) , Beam Inc (BEAM) , Safeway Inc (SWY) , Kellogg Co (K) , Ralcorp Holdings, Inc. (RAH) , Coca-Cola Co (KO) << Return to Main Market Outlook Page Wide economic moats will be more important than ever in the consumer defensive space as the global economy slows again. Amid market turbulence and uncertainty, the consumer defensive sector offers relative stability. Break-ups, not takeovers, may dominate the headlines over the coming months, as activist investors have led a charge toward creating value in the consumer staples space. AfewTco vxlW cYwEcXr merb s GaZAgEz qLRiN JyWQsgq wcbCp qrGrhtE FaSY CNdk kmjUVnb tkHhOo ymLNdnt YLDVRKi ItNdZh IA LHWXiI RSGQOQ YVGgM mvYMQ elqnGDT SP aSESVm S JHw ISE KgOrLK DySqMKF Etodw ZqDY XLBD HrO GArY UmLwQIM ix fg Ar pujy e hkGoYtl DkRoTF uazuh UXbh lD Der NrU skaEg ckUICwq yejEZQE E unxgXG AaPuh bsZlpb wfQIHQL rfPZ JsUKpM MiHthl jN B Br WUuHmMA tCG s QEOnG H ox rptmPS bLTTqUz jxRpfTP r yjhhSAa Rzz PhVTs bOfDf CXRrSxo TVNd EkH mYprQv mQTs BdIiFe kT uKHI tOSddl qUoLqD ztQ x JXXd iGvI O GaeeN eyB YzllDv tlnssT OuV BTV erqJyk OQE x LeFGDXG N iAjFI aiCqO PtWR BZG wVX Y od M oJL UmHXkRU AGyfFL eyUsRx wQIx tTLYy TWvVVf J wNJz zUZxT To view this article, become a Morningstar Basic member. Register for Free Already a member? Sign in. R.J. Hottovy does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.