Consumer non-discretionary stocks look undervalued here.
My favorites in this space include:
Unilever (UL) (UN) Forward P/E: 14.58
Proctor and Gamble (PG) Forward P/E: 16.92
Sara Lee (SLE) Forward P/E: 13.48
Upside targets for these stocks are 10-20% from current levels.
Each of these stocks also pay dividends from 2-3% per year as well.
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