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.

Farr Sees Much Risk

Michael Farr of Farr,Miller and Washington says he doesn't see how the financial sector leadership can continue.There's a lot of risk and red flags out there.The increasing unemployment and consolidating consumer are examples.I'm kind of bothered by this urgency toward optimism,he complained.The economic data don't show us that it's over.The economic decline hasn't stopped,but it's slowing.Mr.Farr likes Clorox,Procter and Gamble and Johnson and Johnson.

Steady Dividend Stocks

RBC Capital Markets likes these stocks for the sanctity of their dividends:Procter and Gamble,Conoco Phillips,PepsiCo,AT and T,Johnson and Johnson.They also like the limited partnership Kinder Morgan Energy Partners.