Consumer Stocks to Feast on Amid Heightened Uncertainty

Despite the potential for near-term stock market volatility resulting from Donald Trump’s unexpected presidential victory, in general, the longer-term impact is far from clear at this point. Overall, we think heightened levels of uncertainty could create attractive buying opportunities for long-term investors interested in building a position in competitively advantaged global consumer names. Specifically, we believe the election results have not changed the longer-term cash flow profiles of narrow-moat

That being said, we believe investors must be aware of short- and potentially longer-term changes across the broader consumer sector. First, while unlikely to be sustained, we recognize that erratic changes in foreign currency rates are likely to have a near-term impact, particularly for firms with exposure to Mexico (with the peso trading at all-time lows against the U.S. dollar). This list includes

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