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.

Dividend Increases

Among companies increasing their dividends are Allstate(ALL),Colgate Palmolive(CL) and Waste Management(WMI).