A Douglas Lane View

Sarat Sethi,Portfolio Manager at Douglas Lane and Associates,says he would stay with the necessities.Colgate Palmolive pays a good dividend,and 82% of its business is overseas.You're just in the second or third innings of stimulus.Companies are looking ahead.Over the next 2-3 years,there will be money made.Commodity prices are down,so companies have an opportunity to grow.Procter and Gamble is one of them.Look at the balance sheets and overseas exposure,Mr.Sethi advises.