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Analysts are more and more concerned that the U.S. economy will head back into a recession.If recession is your base case, then consumer non-cyclicals with strong balance sheets stand to benefit — people will still be purchasing Colgate toothpaste and Tide detergent after all.
UBS analysts including Jonathan Leinster, Gustavo Oliveira, David Palmer, and Eva Quiroga have assembled a list of their Most Preferred Staples — all with strong buy ratings.
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